Tornado Cash Developer Roman Storm Opts Not to Testify in Trial
Roman Storm Trial Update
Roman Storm, a developer of Tornado Cash, is on trial for aiding in laundering over $1 billion in criminal proceeds. He has decided not to testify in his defense.
Key facts from the trial include:
- Storm's defense argues he developed a legitimate privacy tool, which was occasionally misused by criminals.
- Witnesses stated that Storm and co-founders did not profit directly from Tornado Cash despite earning from TORN token sales.
- Messages revealed Storm's concerns about hackers using their platform, including discussions on blocking hackers’ wallets.
- Expert witness Dr. Matthew Green highlighted the need for privacy tools like Tornado Cash to protect users from security risks associated with transparent transactions.
The jury will hear closing statements soon before deliberation begins on the charges against Storm.