Tornado Cash co-founder Roman Storm requests to dismiss the charges of cryptocurrency money laundering against him
According to ChainCatcher news, as reported by CoinDesk, the legal team of Tornado Cash co-founder Roman Storm filed a motion on Friday to dismiss charges of conspiracy to commit money laundering and violations of sanctions. North Korean hackers and other organizations have used Tornado Cash for money laundering. The documents state that Storm did not collaborate with these organizations but merely released code that anyone could use.
The documents note: "Storm is a developer, and the only agreement he reached with members of his company in the U.S. was to create software solutions that provide financial privacy protection for legitimate cryptocurrency users, which is not a crime." Storm faces a charge of conspiracy to commit money laundering and a charge of conspiracy to violate the International Emergency Economic Powers Act, both of which carry a maximum sentence of 20 years in prison. Additionally, he is charged with conspiracy to operate an unlicensed money transmitting business, which also carries a maximum sentence of 5 years in prison.