Roman Storm Faces Claims of Aiding North Korea Hackers

byrn
By byrn
3 Min Read


Tornado Cash has become a tool for North Korea’s Lazarus Group after the hackers stole $600 million from the Ronin Bridge in 2022, US prosecutors told jurors on July 15 as the trial of Roman Storm began in Manhattan.

Storm, one of the developers behind the crypto privacy software, is accused of allowing the sanctioned group to use his service to hide stolen funds, despite being aware of its intended use.

In opening statements, Assistant US Attorney Kevin Mosley stated that Tornado Cash is a “giant washing machine for dirty money” and argued Storm chose to keep the platform running even after learning criminals were abusing it.

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However, Storm’s legal team argued that he did nothing illegal. His lawyer, Keri Axel, told the jury that Tornado Cash was a public privacy tool anyone could use, and Storm could not control what others did with it. She said:

The world is full of products that have legitimate uses and are misused. Signal, or even a hammer that can be used to break in and steal stuff. The government can’t show a criminal agreement for a criminal purpose.

Prosecutors objected twice during Axel’s statement when she raised examples about users’ safety, but the judge allowed her to finish.

According to Storm, the trial could take up to a month, with a verdict expected before mid‑August. On July 14, he requested urgent financial assistance to fund his legal defense. What did he say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




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