The money laundering case against Tornado Cash developer Roman Storm opens today. If convicted, he could face a maximum of 45 years in prison.

On July 14, CoinDesk reported that the money laundering criminal case against Tornado Cash developer Roman Storm will begin today in Manhattan. Prosecutors and defense attorneys will begin selecting a jury, and the trial is expected to last four weeks. Storm was arrested in Washington state in 2023 and faces three charges: conspiracy to commit money laundering, conspiracy to violate U.S. sanctions, and conspiracy to operate an unlicensed money transmitting business. If convicted on all counts, he could face a maximum sentence of 45 years in prison. Prosecutors allege that Tornado Cash was used to launder more than $1 billion in criminal proceeds, including funds from the North Korean hacking group Lazarus Group. The defense argues that Storm is merely a developer of open-source decentralized software and should not be held responsible for others' misuse of the tool. [Deep Tide TechFlow]