According to Deep Tide TechFlow news, on July 18, Cointelegraph reported that the U.S. Attorney's Office for the Southern District of New York is expected to conclude its case presentation against Tornado Cash co-founder Roman Storm by July 25. Storm faces multiple charges including money laundering, operating an unlicensed money transmission business, and violating U.S. sanctions, and could face several years in prison if convicted on all counts.
The prosecution has summoned several witnesses to testify, including FBI agents and forensic accountants. Storm's defense team plans to use the necessity of cryptocurrency privacy protection as a defense strategy and may cite high-profile cryptocurrency user kidnapping cases as evidence.
Storm co-founded the cryptocurrency mixing service Tornado Cash with Alexey Pertsev and Roman Semenov in 2019. The trial is expected to last 3-4 weeks.