Roman Storm, a naturalized US citizen, entered his plea earlier than US District Judge Katherine Polk Failla in Manhattan.
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“We think the government got it wrong here,” Storm’s lawyer Brian Klein informed the decide.
Storm was arrested on Aug. 23 and launched on a $2 million bond secured by his dwelling in Washington state.
The US Treasury banned Tornado Cash final November, saying North Korea’s Lazarus Group, which can be beneath US sanctions, used it the earlier April and May to launder a whole bunch of hundreds of thousands of {dollars} in hacking proceeds.
Tornado Cash is a so-called digital foreign money “mixer,” which mashes cryptocurrencies from many customers.
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US officers say the method helps cryptocurrency homeowners conceal their identities and ill-gotten good points. Another Tornado Cash co-founder, Roman Semenov, was indicted alongside Storm however stays at giant.
Source: economictimes.indiatimes.com