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Tornado Cash co-founder faces jury after closing arguments wrap

cryptoweekly by cryptoweekly
July 30, 2025
in bitcoin, News
0

If convicted of the three charges, the Tornado Cash developer could face more than 40 years in prison.

Jurors will now decide the fate of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, after prosecutors and the defense delivered closing arguments on Wednesday.

The closing arguments phase of a trial is when both sides summarize a case before a judge or jury, making their cases and trying one last time to persuade before the fact-finder goes off to deliberate.

Storm is standing trial in the Southern District of New York in a case that could set a precedent for how much responsibility developers have for decentralized software that is used illegally.

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  • Philippines SEC cracks down on unregistered crypto exchanges
  • CrediX recovers $4.5M in crypto after successful exploit negotiation
  • Yield-bearing stablecoin supply surges after GENIUS Act
  • From Coinbase to Milei and LIBRA: Crypto class-action suits pile up
  • SEC’s Peirce defends transaction privacy as Tornado Cash verdict looms
  • Trump to order probe of crypto and political debanking claims: WSJ
  • BlackRock Bitcoin fund sees largest outflow in 9 weeks

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