Tornado Cash Founder Roman Storm's Trial Postponed After 8 Days of Witness Testimony.
Roman Storm is charged with assisting money laundering related to Tornado Cash, while the defense argues it is a transaction privacy tool that protects user identities.
- Trial postponed after 8 days with several important testimonies.
- Defense affirms Tornado Cash serves privacy purposes, not money laundering.
- Roman Storm faces up to 45 years in prison if convicted.
Why Was Roman Storm's Trial Postponed?
The trial of Tornado Cash founder Roman Storm was temporarily suspended after 8 days due to the parties' interests and incomplete evidence collection. According to information from Crypto In America, during that period, many witnesses spoke up to clarify the accusations.
The postponement allows the defense attorney to fully prepare evidence, including testimonies from financial technology experts, to provide an objective argument and protect the defendant's rights. This is an important step to ensure the fairness of the legal process.
What Witnesses Were Called and How Did They Respond?
The first witness presented by the defense was Preston Van Loon – a reputable Ethereum developer. He affirmed that Tornado Cash is a technical tool created to meet privacy and confidentiality needs for users on Blockchain.
Van Loon emphasized that although some individuals might exploit Tornado Cash for illegal purposes, the tool generally does not aim to support money laundering but is a solution to protect identity and transaction safety. Statistics from the Ethereum community also demonstrate the positive role of this tool in information security.
Tornado Cash is a tool that helps protect user privacy, not a means of money laundering as alleged.
Preston Van Loon, Ethereum Developer, 25/7/2024
What Penalty Does Roman Storm Face If Convicted?
Roman Storm is being prosecuted for assisting and encouraging money laundering through Tornado Cash. If the court finds him guilty, the sentence could reach up to 45 years in prison, according to notifications from US legal authorities.
This severe sentence reflects the seriousness of accusations surrounding the development and operation of a cryptocurrency tool that could be misused. However, during the trial, the defense focuses on proving the technical nature and legal purpose of Tornado Cash.
What Will the Defense Do in the Next Few Days?
In the next 3 days, the defense will continue to summon more witnesses to refute the prosecutor's allegations about Roman Storm facilitating money laundering. Technical evidence and in-depth analyses from Blockchain experts are expected to clarify the nature of Tornado Cash.
This will not only affect the individual defendant but also significantly impact the global community of developers working on privacy and security technologies on Blockchain.
Protecting privacy in cryptocurrency transactions is a fundamental right and should not be arbitrarily associated with financial crime.
Blockchain Expert Nguyen Duc Minh, 2024
Frequently Asked Questions
Where Is Roman Storm's Trial and When Will It Continue?
The trial is currently suspended after 8 days and is expected to continue in the coming days for the defense to call additional witnesses.
What Is Tornado Cash and Why Is It Accused of Money Laundering Support?
Tornado Cash is a Blockchain transaction privacy tool, but it is accused of being misused for money laundering and is currently being debated in court.
Who Are the Important Witnesses Who Have Spoken in Defense of Tornado Cash?
Preston Van Loon, an Ethereum developer, affirmed that Tornado Cash serves transaction privacy purposes, not money laundering.
What Sentence Could Roman Storm Receive If Convicted?
Roman Storm could be sentenced to up to 45 years in prison if the court finds him guilty.
How Will the Trial Affect the Blockchain Community?
The trial may shape how privacy and security tools are perceived in the global cryptocurrency field.
