Feds Charge Tornado Cash Crypto Mixer Devs With Money Laundering

siteadmin August 24, 2023

The US has indicted two developers of Tornado Cash, a cryptocurrency mixer, for aiding criminals in money laundering. According to the federal authorities, Roman Storm and Roman Semenov conspired in circumventing sanctions and assisting hackers in laundering over $1 billion in cryptocurrency. While Storm was arrested in Washington, Semenov, a Russian national, is still on the run.