The jury’s choice of criminal trial of Tornado Cash co-founder and developer Roman Storm wrapped around Tuesday, and prosecutors and defense lawyers released their own statements in a case that could have significant repercussions for the crypto and blockchain industries.
According to reporting from Inner City Press within the US District Court for the Southern District of New York on Tuesday, US prosecutors Focused Most of their opening statements in an attempt to associate the storm with North Korea hackers using Tornado Cash to launder funds, violating US penalties. The Lazarus group is said to be Behind a 2022 hack of the Ronin Bridge, which removed nearly $ 600 million in crypto.
“The defendant is professed from a giant washing machine for dirty money,” US assistant lawyer Kevin Mosley said, adding: “Mr. Storm has options. When he finds out he was washing money for criminals, he still chose crimes. He went on.”
The criminal trial is attracting attention from significant figures In the crypto and blockchain industries, it is likely to be concerned with the impact of any discretion on developers looking for code and create new products. As Storm appeared in the US federal court, his accused colleague Roman Semenov, was still a significant time of publication.
Related: What do you need to know about Roman Storm’s Tornado Cash Trial
Defense lawyers face two objections to their opening statement
The legal storm team has been reported to have argued with the opening statements that the tornado is “a privacy protocol freely available to all” and the developer should not be performed by criminal responsible for others who use it in the prohibited funds. US prosecutors twice objected during the opening statement in response to the hypothetical references to the physical safety of users.
“Roman has nothing to do with hacks,” said Storm lawyer Keri Axel, according to the Inner City Press. “The government case is completely Roman -based that something should do about these pools. But he can’t.”
Axel added:
“The world is full of products with legitimate use and incorrectly used. Signal, or even a hammer that can be used to break and steal things. The government cannot show a criminal agreement for a criminal purpose.”
The trial continues at the time of publication, with the government calling on the first witnesses. According to Storm, the proceedings can take about a month.
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