Tornado Cash co-founder Roman Storm has been convicted in the U.S. for helping develop and operate a crypto-mixing tool allegedly used by North Korean hackers. Prosecutors argued that the platform enabled laundering over $1 billion in illicit funds, including those linked to the Lazarus Group, a state-sponsored cybercrime unit. Storm was charged with conspiracy to commit money laundering, sanctions violations, and operating an unlicensed money-transmitting business. His defense claimed Tornado Cash was neutral software, not criminally intended. The conviction sets a precedent in holding developers accountable for blockchain tools misused by bad actors, raising concerns about privacy, open-source code, and regulation.
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$65,006.00
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ETH
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USDT
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$0.999729
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$0.999661
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GRAM
$1.34
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XRP
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SOL
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