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The case of Tornado Cash founder Roman Storm is expected to conclude with the prosecution's statement on July 25.
According to Deep Tide TechFlow news on July 18, Cointelegraph reported that the U.S. Attorney for the Southern District of New York is expected to conclude the case presentation for Tornado Cash co-founder Roman Storm by July 25. Storm faces multiple charges for money laundering, operating a money transmission business without a license, and violating U.S. sanctions, and could face several years in prison if all charges are upheld.
The prosecution has summoned multiple witnesses to testify, including FBI agents and forensic accountants. Storm's defense team plans to use the necessity of cryptocurrency privacy protection as a defense strategy, possibly citing high-profile cryptocurrency user kidnapping cases as evidence.
Storm co-founded the cryptocurrency mixing service Tornado Cash with Alexey Pertsev and Roman Semenov in 2019. The trial is expected to last 3-4 weeks.