Tornado Cash developer Alexey Pertsev's fate in a Dutch court on Tuesday left some in the crypto industry disappointed, but they say applicable laws in the U.S. could spell a different outcome for other developers later this year.
This comes as Tornado Cash co-founder Roman Storm's trial in the U.S. is set to start on Sept. 23. Last year, U.S. prosecutors charged Co-founders Storm and Roman Semenov with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business. Semenov was still at large at the time of the indictment.
"As we argued in our previously submitted amicus brief in the case against Roman Storm, the government's theory of liability in the indictment is unprecedented," a spokesperson for the fund said in an emailed statement.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »