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

Shiba Inu Expert Highlights Real Force Behind SHIB Strength

12/06/2026

Why is Bitcoin Price Down Today? BTC Price Slides to $77K

12/06/2026

Collectible NFTs in focus during nations 250th anniversary

12/06/2026
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

    Why is Bitcoin Price Down Today? BTC Price Slides to $77K

    12/06/2026

    Bitcoin price falls under $77K as ETFs record $1B outflows

    12/06/2026

    Metaplanet CEO meets Japanese lawmaker to discuss Bitcoin strategy

    12/06/2026

    “Four Data Points Clearly Explain the Current State of Bitcoin!”

    12/06/2026

    Can ETH bulls defend crucial $1,500 support as selloff deepens? Check forecast

    11/06/2026

    Dormant Whale Awakens After 3 Years, Borrows $30M on Aave to Buy More Ethereum

    11/06/2026

    BTC.top Founder Jiang Zhuoer Reopens ETH Long Position at $1,645, Eyes Short-Term Rebound

    11/06/2026

    BIT-Related Whale Deposits $5.84M USDC to Avert ETH Liquidation as Unrealized Losses Hit $78M

    10/06/2026

    Shiba Inu Expert Highlights Real Force Behind SHIB Strength

    12/06/2026

    Cardano Community Tensions Rise as SPO Flags Fatigue, Calls for Discipline in Treasury Spending

    12/06/2026

    Centrifuge brings Apollo, Janus tokenized credit to Monad

    12/06/2026

    Printr refunds investors as FUD and health issues derail raise

    12/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Dogecoin Notes Shibes Have Been ‘Quiet Lately’ And Then The Internet Showed Off What Everyone Has Been Silently Building

    09/06/2026

    Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit

    09/06/2026

    Shiba Inu Expert Highlights Real Force Behind SHIB Strength

    12/06/2026

    Why is Bitcoin Price Down Today? BTC Price Slides to $77K

    12/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    Crypto Fundraising Momentum Surges as Equiniti Leads With $4.2 Billion Raise

    12/06/2026
  • Blockchain

    European Commission discusses AI model access with OpenAI, Anthropic

    12/06/2026

    EU confirms OpenAI offers access to cybersecurity model, Anthropic lags behind

    11/06/2026

    IoTeX Mainnet Halts Block Production for Over 21 Hours, Community Raises Alarms

    11/06/2026

    UNDP Brings Ethereum, Cardano, and Stellar Together to Explore Blockchain for Public Good

    11/06/2026

    Crypto wallets do not make AI autonomous, IC3 study warns

    11/06/2026
  • DeFi

    Astarter and Kuant Team Up to Build AI-Powered PerpDEX for On-Chain Trading

    12/06/2026

    Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier

    12/06/2026

    AstroX Finance Partners with Okratech Token to Unlock DeFi Liquidity on Web3 Entertainment Platform

    11/06/2026

    Aave Proposes Protocol-Wide Risk Framework After KelpDAO Exploit

    11/06/2026

    BitGo opens Aave, Spark and Tesseract DeFi access to institutions

    11/06/2026
  • Metaverse

    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

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Crypto Fundraising Momentum Surges as Equiniti Leads With $4.2 Billion Raise

    12/06/2026

    Largest Swiss Bank Loads Up on Strategy (MSTR)

    12/06/2026

    BlackRock doubles down on tokenization with new stablecoin reserve funds

    12/06/2026

    US Treasury warns foreign financial institutions of sanctions risks linked to Iran and China

    12/06/2026

    Intel soars on Apple chip deal, lifting S&P 500 and NASDAQ to record highs

    12/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Donald Trump announces three-day ceasefire between Russia and Ukraine

    12/06/2026

    Putin claims Ukraine conflict is ‘coming to an end’ after Victory Day parade

    12/06/2026

    Iran proposes ceasefire and sanctions relief in response to US peace proposal

    12/06/2026

    Binance to Launch Securities Lending Service on June 4, Expanding Into Traditional Finance Territory

    11/06/2026

    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

    Blazpay Taps Agent War to Boost Innovation AI -Powered GameFi

    11/06/2026

    Pi Network Expands Gaming Ecosystem as CiDi Games Launches Developer Center

    03/06/2026

    GMATRIXS Taps GamePad to Boost Web3 Gaming and DeFi Infrastructure

    02/06/2026

    GamePad Joins Mouse to Simplify On-Chain Transactions for Millions of Gamers

    31/05/2026

    3 Key Metrics Show Bitcoin Miners Are Under Mounting Pressure

    12/06/2026

    Canaan Reaches All-Time High in Bitcoin and Ethereum Holdings

    12/06/2026

    EPA chief Lee Zeldin proposes permitting reforms to boost reshoring and AI development

    12/06/2026

    Bitcoin Miner Kiln Infrastructure Raises $458M in Convertible Notes for Data Center Push

    11/06/2026

    Elizabeth Warren Accuses CFTC of Lax Crypto Oversight, Pro-Trump Bias in Scathing Letter

    12/06/2026

    Lamborghini Bitcoin carjacking puts crypto’s wrench-attack crisis in a US courtroom

    12/06/2026

    Kristin Smith pushes Senate to protect crypto developers in CLARITY Act

    12/06/2026

    Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum

    12/06/2026

    Shiba Inu Expert Highlights Real Force Behind SHIB Strength

    12/06/2026

    Why is Bitcoin Price Down Today? BTC Price Slides to $77K

    12/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    Crypto Fundraising Momentum Surges as Equiniti Leads With $4.2 Billion Raise

    12/06/2026
  • 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

Astarter and Kuant Team Up to Build AI-Powered PerpDEX for On-Chain Trading

12/06/2026

Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier

12/06/2026

AstroX Finance Partners with Okratech Token to Unlock DeFi Liquidity on Web3 Entertainment Platform

11/06/2026

Aave Proposes Protocol-Wide Risk Framework After KelpDAO Exploit

11/06/2026
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

Shiba Inu Expert Highlights Real Force Behind SHIB Strength

12/06/2026

Why is Bitcoin Price Down Today? BTC Price Slides to $77K

12/06/2026

Collectible NFTs in focus during nations 250th anniversary

12/06/2026
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.