Roman Storm, Tornado Cash Developer, Pleads Not Guilty to Money Laundering, Other Charges in U.S.

Storm, a U.S. resident, was arrested two weeks ago on charges of conspiracy to facilitate money laundering and sanctions evasion. Prosecutors allege that he, alongside fellow developers and cofounders Roman Semenov and Alexey Pertsev, helped bad actors launder over $1 billion in stolen crypto, including “hundreds of millions” for North Korea, through their work building Tornado Cash.