3 hours ago
Tornado Cash Co-Founder Goes Down for $1B Crypto Crime Ring
TLDR: Roman Storm found guilty of conspiracy to run an unlicensed money-transmitting business. Tornado Cash laundered $1B, including funds from North Korea’s Lazarus Group. DOJ says Storm helped promote and maintain Tornado Cash even after sanctions warnings. Verdict signals tougher U.S. enforcement on crypto tools used for illicit finance. Roman Storm has been convicted. The [...]
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