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Here are the main points we will be touching on:
– The U.S. Justice Department unseals indictment against Tornado Cash Founders
– Founders charged for laundering over $1 billion
– Individuals Roman Storm and Roman Semenov facing charges of money laundering, and sanctions violations
The U.S. Justice Department (DoJ) was certainly not silent as a mouse this past Wednesday. They unleashed an indictment against two founders of cryptocurrency mixer service Tornado Cash. Looks like there was a currency mixer-upper, Cinderella style, on their hands and with over $1 billion involved, those golden slippers were far from glass!
The accused aren’t just any tech-savvy Joes either. They’ve got the might of Roman numerals behind them! The defendants, aptly named Roman Storm and Roman Semenov, are up against more than just a spring shower. They’ve been charged with conspiracy to commit money laundering and sanctions violations. I won’t say they’re in for a rough weather, but with charges as hefty as these, they might need more than an umbrella!
In conclusion, the DoJ has unearthed a billion-dollar barn burner with Tornado Cash. Founders Roman Storm and Roman Semenov are under indictment for their alleged involvement in money laundering and sanctions violations. While the crypto-world spins on, these two Romans could face their own ‘Ides of March’ soon. It’s never a dull day when tech meets the law, and this story is one ‘for the history books.’
But remember, kids, not all tech stories end with a Roman battle in court. Some end with a couple of individuals charged with turning the digital marketplace into their own personal Monopoly game. So, before you dive headfirst into a new venture, make sure you know what the weather forecast is. After all, nobody wants to get caught in a legal storm.
Original Article: https://thehackernews.com/2023/08/tornado-cash-founders-charged-in.html
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