Golden Finance reported that, according to the latest news, a New York judge ruled that the criminal case against Tornado Cash developer Roman Storm will proceed to trial. The US Department of Justice has charged Storm and his colleague Roman Semenov with three counts, including conspiracy to commit money laundering, operating an unlicensed money transmitting business, and violating the International Emergency Economic Powers Act, with charges related to assisting the Lazarus Group, a North Korean hacker organization, in money laundering over $1 billion. Storm has pleaded not guilty to all charges, and his defense team claims that he only wrote the code for Tornado Cash. The trial is scheduled to begin on December 2nd, and if convicted, Storm could face a maximum sentence of 45 years in prison.
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BeforeTheDawn,It_sAl
· 2024-09-27 00:03
The correlation between BTC and global liquidity is as high as 83%, making it the "purest liquidity indicator," usually pumping during liquidity expansion and adjusting during liquidity contraction. Global liquidity is a key driving factor for the long-term price performance of BTC, and investors can use this information to analyze the market cycle of BTC. However, this correlation may weaken during major industry events or extreme market conditions.
Tornado Cash developer Roman Storm will enter the trial process
Golden Finance reported that, according to the latest news, a New York judge ruled that the criminal case against Tornado Cash developer Roman Storm will proceed to trial. The US Department of Justice has charged Storm and his colleague Roman Semenov with three counts, including conspiracy to commit money laundering, operating an unlicensed money transmitting business, and violating the International Emergency Economic Powers Act, with charges related to assisting the Lazarus Group, a North Korean hacker organization, in money laundering over $1 billion. Storm has pleaded not guilty to all charges, and his defense team claims that he only wrote the code for Tornado Cash. The trial is scheduled to begin on December 2nd, and if convicted, Storm could face a maximum sentence of 45 years in prison.