The Tornado Casch crypto platform would have violated the sanctions imposed by the United States a year ago. Two of its co-founders have been accused of this crime and are charged with money laundering.

This Wednesday the charges against Roman Storm and Roman Semenov, of Tornado Cash, were known. “Both were charged with violating government sanctions, and laundering more than $1 billion in criminal proceeds.”

The United States authorities have determined that the activity of both “facilitated more than $1 billion in money laundering for Lazarus, a group of hackers financed by the North Korean government.”

The promoters of the cryptocurrency mixer, still in the knowledge that they were helping hackers and cyber scammers, continued to promote an exclusive privacy service.

Roman Storm was arrested this Wednesday in Washington to be brought before the courts. While Roman Semenov “received sanctions from the DOJ’s Office of Foreign Assets Control (OFAC).”

Regarding the case, federal prosecutor Damian Williams has declared that the arrest and the indictments are a reminder that “money laundering through cryptocurrency transactions violates the law, and those who participate in such laundering will be prosecuted.”

M.Pino

Source: diariobitcoin

(Reference image source: Kanchanara, Unsplash)

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La entrada Tornado Cash co-founders face money laundering charges apareció primero en Bitfinance.

A federal judge in the United States has annulled this Friday the provisional freedom of Sam Bankman-Fried, co-founder and former CEO of the cryptographic asset exchange platform FTX, after the Prosecutor’s Office held him responsible for leaking documents that would have as their final objective pressure to witnesses, less than two months after the fraud trial against him begins in New York.

Bankman-Fried was released upon payment of 250 million dollars and with the gift that he meet a series of requirements, including staying at his parents’ home in California. Already in July, Judge Lewis Kaplan placed him on notice for the contacts he continued to maintain with the media, but his defense insisted that he should remain free, among other things, because that was the only way he could prepare with guarantees for the impending trial.

The Prosecutor’s Office estimates that Bankman-Fried sent more than a hundred emails and made more than a thousand calls to journalists in recent months, although the straw that would have broken the camel’s back would have been the leaking of parts of the diary of his ex-partner Caroline Ellison, who already he pleaded guilty to various federal crimes for his role with the company, according to NBC.

The FTX founder, who continues to defend his innocence, was arrested in the Bahamas in December last year and, within days, extradited to the United States. He is being investigated for the alleged diversion of funds from the company, which ended up declaring bankruptcy besieged by debts and after doubts about its real solvency.

Source: dpa

(Reference image source: Bermix Studio, Unsplash)

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La entrada Founder of cryptocurrency platform FTX jailed for witness tampering apareció primero en Bitfinance.