Tornado Cash co-founder Roman Storm released on bail

Odaily Planet Daily News Tornado Cash co-founder Roman Storm's lawyer Brian Klein said that Roman Storm has been released on bail. Brian Klein said it was disappointing that prosecutors charged Roman Storm for helping to develop the software. Roman Storm has been cooperating with the investigation since last year and insists he has not been involved in any crime. (Wall Street Journal) Earlier news, the U.S. Department of Justice accused Tornado Cash founders Roman Storm and Roman Semenov of violating money laundering and sanctions regulations and conspiring to operate an unlicensed money transfer business. The pair operated Tornado Cash, which facilitated more than $1 billion in money-laundering transactions and laundered hundreds of millions of dollars for the sanctioned North Korean cybercriminal organization Lazarus Group, the indictment said. Roman Storm has been arrested in Washington State and will appear in court in the U.S. District Court for the Western District of Washington on August 23. Roman Semenov is still at large. Additionally, Roman Semenov was placed on the sanctions list of the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Wednesday. OFAC lists Roman Semenov’s email address and eight Ethereum wallet addresses on the list of Specially Designated Nationals and Blocked Persons (SDN).