Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Tornado Cash developer Roman Storm's legal team filed a motion Friday to dismiss a criminal indictment alleging he conspired to commit money laundering and violate sanctions.
Building Tornado Cash, a tool that can be used to obscure the origin and destination of cryptocurrency transfers, is not the same as laundering money, said a motion to dismiss the criminal indictment against developer Roman Storm.on charges of conspiring to commit money laundering, conspiring to operate an unlicensed money transmitter and conspiring to violate the International Emergency Economic Powers Act . Storm was arrested and released on bail. The U.S.
It took aim at how the indictment described the Tornado Cash setup and Storm's ability to influence it by the time period the indictment focuses on, saying that Storm did not have the ability to control Tornado Cash or prevent its use by Lazarus and similar entities.
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