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The FBI said they caught Roman Storm, but they’re still looking for Roman Semenov.
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The creators of Tornado Cash, Roman Semenov and Roman Storm, are facing legal problems. Semenov is on a list of people with restrictions, and Storm got arrested. The United States is getting stricter about crypto mixers.
Semenov is still not caught, but one of the other creators, Alexey Pertsev, was arrested in the Netherlands in August 2022 for moving money around illegally.
Semenov and Storm are being accused of planning to hide illegal money, not following the rules about trade restrictions, and doing money-related things without permission. This information came out on August 23. If they’re proven guilty, they might have to go to jail for up to 20 years for the first two accusations, and up to 5 years for the money-related charge.
Tornado Cash Co-Founders Accused of Helping Criminals
According to Damian Williams, a U.S. Attorney, the people behind Tornado Cash said they offered privacy help, but they actually helped hackers and crooks hide their illegal money.
The government in the U.S. is trying to stop Tornado Cash. This is part of their bigger plan to take action against it. People in the crypto world are pushing back against the government’s actions, filing lawsuits and being worried about the Treasury Department’s power.
The U.S. Department of Justice (DOJ) and OFAC are saying that Tornado Cash is linked to moving money for the Lazarus Group, a group connected to North Korea. They also say it’s connected to other hacking cases. The DOJ says Tornado Cash moved more than $1 billion of illegal money.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.