Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Berlin claims 70% share of Germany’s $45M blockchain funding

24/11/2025

Is Howard Lutnick fundraising for Tether?

24/11/2025

CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

24/11/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Arthur Hayes Sends 700 ETH to B2C2 After Major Token Dumps

    22/11/2025

    ETH Slips Toward Key Support as Derivatives Activity Cools

    22/11/2025

    Ether eyes $3,500 if support levels hold; Check forecast

    22/11/2025

    Republic raises $100M for ETH purchases under unusual zero-interest deal

    22/11/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT sales nosedive to $72.5M, while Bored Ape Yacht Club recovers 37%

    22/11/2025

    Want the Inside Scoop on NFTs? These Are the 9 Best NFT Newsletters in 2025

    22/11/2025

    NFT Lending TVL Nears All-Time Lows

    21/11/2025

    The Strategy Behind the Revival of the Sandbox DAO

    20/11/2025

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    Is Howard Lutnick fundraising for Tether?

    24/11/2025

    CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

    24/11/2025

    Altcoins now 60% of Binance volume, overtaking BTC and ETH

    24/11/2025
  • Blockchain

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    L1 activity based on active wallets slowed down in November, extending the trend from the past year

    24/11/2025

    First Post-Quantum Vault on Bitcoin Script

    23/11/2025

    Bolivia’s Blockchain Proposal to Eliminate Corruption and Create a Digital Market

    23/11/2025

    Stability World AI Partners With Pona Network for AI-Driven Web3 Applications

    23/11/2025
  • DeFi

    COTI Foundation Taps Houdini Swap for Private and Seamless DeFi Transactions

    23/11/2025

    Aave Founder Confirms 2026 Relaunch of ETHLend

    23/11/2025

    $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused

    23/11/2025

    DWF Labs Bold Investment in DeFi and CeDeFi Projects

    22/11/2025

    DeFi Interoperability Protocol Spicenet Joins Chainlink’s BUILD to Accelerate Adoption

    22/11/2025
  • Metaverse

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025
  • Regulation

    Is Howard Lutnick fundraising for Tether?

    24/11/2025

    Japan’s crypto market matures while regulations expand

    23/11/2025

    Russia sets 2026 target for crypto regulation as Russian portfolios hit $40B

    23/11/2025

    Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle

    23/11/2025

    Tariff Situation Heats Up Again, Donald Trump Makes Unexpected Major Announcement

    23/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Altcoins now 60% of Binance volume, overtaking BTC and ETH

    24/11/2025

    SoftBank’s PayPay changes the game for Binance Japan users

    23/11/2025

    Anti-CZ Whale Loses $61M Profit in 10 Days on Hyperliquid

    23/11/2025

    Bitcoin Exchange Binance Announces Listing of a New Altcoin Trading Pair on its Futures Platform!

    23/11/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Stobix Partners With Funton.ai to Boost Web3 Gaming Growth

    20/11/2025

    GaFin Partners with Undead Blocks to Boost Web3 Gaming via Integrated Rewards Network

    18/11/2025

    Altura Taps Zealy to Boost Agentic Gaming and AI-Driven Web3 Experience

    17/11/2025

    50+ Gaming Influencers Launch Gallaxia, First Player-Owned Blockchain Gaming Studio

    14/11/2025

    Bitcoin Hashprice Falls to Record Low as Network Hashrate Shows Early Signs of Pullback

    23/11/2025

    Bitcoin Miner Reserves Plunge to Record Low as Revenue Collapses

    23/11/2025

    Miners Face a Profit Crunch With Bitcoin Prices Down and Hashprice Reaching Record Lows

    22/11/2025

    American Bitcoin Targets 50 EH/s Bitcoin Mining Capacity

    22/11/2025

    CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

    24/11/2025

    Core Foundation Crushes Maple Finance in Landmark Crypto Lawsuit Victory

    23/11/2025

    Thailand’s 0% Capital Gains Tax Signals a Major Shift for Crypto

    23/11/2025

    Mevolaxy files for registration with the SEC

    23/11/2025

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    Is Howard Lutnick fundraising for Tether?

    24/11/2025

    CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

    24/11/2025

    Altcoins now 60% of Binance volume, overtaking BTC and ETH

    24/11/2025
  • MarketCap
NBTC News
Home»DeFi»‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial
DeFi

‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial

NBTCBy NBTC05/07/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


With his criminal trial just weeks away, Tornado Cash co-founder Roman Storm is speaking out and denying any wrongdoing.

In a recent interview with Crypto in America, Storm said the U.S. government is prosecuting him for writing open-source code, not for any actual criminal conduct.

Facing three felony charges, including conspiracy to commit money laundering and conspiracy to violate sanctions law, federal prosecutors allege that Tornado Cash, founded by Storm and two others, was used to launder more than $1 billion in illicit funds, including money linked to North Korea’s infamous hacker group Lazarus.

Storm denies knowingly facilitating criminal activity. According to him, Tornado Cash was built to protect user privacy, and once it was deployed, it operated autonomously and outside of his control.

“I did not have any contact whatsoever with any criminals, any criminal organizations, any illicit actors, or any North Koreans,” he said, adding “We didn’t have control over what happened. If someone did something illicit, we couldn’t stop it.”

“When Tornado Cash became fully decentralized and trustless, there wasn’t much activity going on at that time. We thought it was just going to be another project that would sit in our junkyard. We have so many projects like that as software engineers. We did not anticipate that.… pic.twitter.com/7fiurmkojn

— Roman Storm 🇺🇸 🌪️ (@rstormsf) July 4, 2025

The co-founder was arrested in August 2023. His fellow developer, Alexey Pertsev, was convicted of money laundering last year in the Netherlands and sentenced to 64 months in prison. Tornado Cash’s third co-founder, Roman Semenov, is also charged but remains at large.

Since his arrest, Storm says he’s been under strict bail conditions and has been cut off from the financial system, with no bank accounts, no access to crypto wallets. “I’m being punished before being proven guilty,” he said.

You might also like: Cork Protocol exploiter launders stolen funds via Tornado Cash, donates 10 ETH to developers’ legal fund

When asked about the broader stakes of the case, Storm warned that a conviction could harm developers and open-source innovation in the U.S. crypto space.

“If I lose my case, DeFi dies with me,” he said, arguing that treating developers like criminals sets a dangerous precedent.

Storm’s trial is set to begin on July 14 in the U.S. District Court for the Southern District of New York. While the co-founder kept much of his defense strategy under wraps, such as whether he’ll testify, he stated his team will argue that writing code is free speech and that creating open-source tools isn’t a crime, even if misused.

Meanwhile, support for Storm has continued to grow. Industry figures including Ethereum co-founder Vitalik Buterin have publicly backed his defense and donated to his legal fund.

Read more: Ethereum Foundation donates $500K to Tornado Cash co-founder’s defense ahead of trial


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

COTI Foundation Taps Houdini Swap for Private and Seamless DeFi Transactions

23/11/2025

Aave Founder Confirms 2026 Relaunch of ETHLend

23/11/2025

$12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused

23/11/2025

DWF Labs Bold Investment in DeFi and CeDeFi Projects

22/11/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Berlin claims 70% share of Germany’s $45M blockchain funding

24/11/2025

Is Howard Lutnick fundraising for Tether?

24/11/2025

CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

24/11/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.