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

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

15/07/2026

Hyperscale Data Adds 115.92 Bitcoin to Corporate Treasury, Holdings Near 900 BTC

15/07/2026

Joseph Lubin Says Ethereum Doesn’t Need High Fees to Grow

15/07/2026
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

    Hyperscale Data Adds 115.92 Bitcoin to Corporate Treasury, Holdings Near 900 BTC

    15/07/2026

    CleanSpark Adds 454 BTC to Treasury, Total Holdings Reach Nearly 14,000

    15/07/2026

    Will Buyers Target $64K or Lose Ground to $60K?

    15/07/2026

    Bitcoin rally now depends on one Fed document coming Wednesday

    15/07/2026

    Joseph Lubin Says Ethereum Doesn’t Need High Fees to Grow

    15/07/2026

    This Whale Bought ETH at $4,311 and Never Sold. It Cost Him $23.8 Million

    15/07/2026

    Next Breakout Could Define the Entire Cycle

    15/07/2026

    Ethereum faces decisive $1,850 test with $2,200 rally on the table

    15/07/2026

    What the Massive Token Reduction Means for the Market

    15/07/2026

    Ethena Controls Nearly Half of Robinhood Chain’s USDG Supply, On-Chain Data Shows

    15/07/2026

    XRP Rival Stellar (XLM) Crosses $3 Billion in RWAs

    15/07/2026

    New York Fed’s $9.96B Treasury Purchase May Be a Hidden Catalyst for XRP

    15/07/2026

    Jeffrey Huang Sells BAYC NFT at Loss to Boost Ethereum Long Position

    14/07/2026

    Bitcoin’s BIP-110 sparked a fight over who gets to decide the future of Bitcoin

    14/07/2026

    Welcomed by Robinhood Chain — And Why It’s Not Just Hype

    11/07/2026

    BIG3 NFT Buyers Sue Ice Cube’s Basketball League Over Alleged Unfulfilled Promises

    08/07/2026

    Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

    15/07/2026

    Hyperscale Data Adds 115.92 Bitcoin to Corporate Treasury, Holdings Near 900 BTC

    15/07/2026

    Joseph Lubin Says Ethereum Doesn’t Need High Fees to Grow

    15/07/2026

    Robinhood Tokenized Stocks Enters a Race That’s Already Crowded

    15/07/2026
  • Blockchain

    Robinhood Chain sees over $70M in ETH bridged during first week

    14/07/2026

    HSBC completes first tokenized structured product pilot for institutional investors

    14/07/2026

    Solana Captures 95% of Tokenized Equity Trading as RWA Value Hits $3.6B

    14/07/2026

    Bbridge launches Dollar Parking app for USDT-based tokenized US stock trading

    14/07/2026

    Loopring Confirms All L2 and DEX History Remains Accessible After Network Shutdown

    14/07/2026
  • DeFi

    How Aave v4’s Growth in frxUSD Deposits Could Influence the Market

    14/07/2026

    Sui’s Hashi to Enable Native Bitcoin as Collateral, Global Testnet Launch Nears

    14/07/2026

    Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims

    14/07/2026

    Can Aave Stablecoin Yield Catch Morpho’s $200M Fintech Head Start?

    14/07/2026

    Gondor launches cross margin borrowing for Polymarket portfolios

    14/07/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    Robinhood Tokenized Stocks Enters a Race That’s Already Crowded

    15/07/2026

    Institutional Tokenization Surges as BlackRock and Visa Back OUSD; IMF Warns Finance Could Reshape

    15/07/2026

    Donald Trump Says US Stock Market Rally Marks Start of ‘Golden Age’

    15/07/2026

    Strategy’s Capital Plan Is a Stopgap, Not a Solution

    15/07/2026

    VanEck Onchain Economy ETF Launches — Here’s What Changes

    15/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

    15/07/2026

    Ondo Finance debuts SEC-aligned tokenized stock model with BlackRock ETF, Micron shares

    15/07/2026

    Standard Chartered partners with Circle to launch direct USDC minting

    15/07/2026

    Korbit to Sell 15 BTC and 60 ETH in July to Cover Operating Costs

    15/07/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    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

    Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

    06/07/2026

    GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris

    06/07/2026

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    ‘Not All Megawatts Are Created Equally’ in AI Race

    14/07/2026

    Bitcoin’s 14th Difficulty Reset Slashes Mining Pressure by 6.7 Trillion

    13/07/2026

    Solo Home Miner Wins $200,000 With a $150 Mining Device

    13/07/2026

    Why Bitcoin miners are holding 1.19M BTC despite 10% mining stock losses

    13/07/2026

    Supreme Court Overturns Humphrey’s Executor, Clearing Trump to Fire SEC and CFTC Commissioners

    15/07/2026

    VARA Dubai emerges as UAE’s most popular regulator with 50th VASP issued license

    15/07/2026

    Lummis defends CLARITY Act as Warren warns crypto bill could fuel illicit finance

    15/07/2026

    Russia to Enforce Cryptocurrency Regulation Law Starting September 1, 2026

    15/07/2026

    Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

    15/07/2026

    Hyperscale Data Adds 115.92 Bitcoin to Corporate Treasury, Holdings Near 900 BTC

    15/07/2026

    Joseph Lubin Says Ethereum Doesn’t Need High Fees to Grow

    15/07/2026

    Robinhood Tokenized Stocks Enters a Race That’s Already Crowded

    15/07/2026
  • 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

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

How Aave v4’s Growth in frxUSD Deposits Could Influence the Market

14/07/2026

Sui’s Hashi to Enable Native Bitcoin as Collateral, Global Testnet Launch Nears

14/07/2026

Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims

14/07/2026

Can Aave Stablecoin Yield Catch Morpho’s $200M Fintech Head Start?

14/07/2026
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

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

15/07/2026

Hyperscale Data Adds 115.92 Bitcoin to Corporate Treasury, Holdings Near 900 BTC

15/07/2026

Joseph Lubin Says Ethereum Doesn’t Need High Fees to Grow

15/07/2026
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.