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Tornado Cash

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 Roman Storm’s lawyer Brian Klein said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations. 
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 Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash who was arrested on money-laundering and other charges on Aug. 23,&nbsp; was <a rel="noopener noreferrer nofollow" title="released" href="https://thebittimes.com/tag/released.html">released</a> on bail soon after he was detained by the United States’ Department of Justice (DOJ), his <a rel="noopener noreferrer nofollow" title="lawyer" href="https://thebittimes.com/tag/lawyer.html">lawyer</a> said. 
 Storm’s lawyer Brian Klein took to X (formerly Twitter) on Aug. 24 to announce that Storm has been released on bail. 
 Klein noted that he still remains “very disappointed” about the fact that the prosecutors charged the <a rel="noopener noreferrer nofollow" title="develop" href="https://thebittimes.com/tag/develop.html">develop</a>er just because he helped to <a rel="noopener noreferrer nofollow" title="develop" href="https://thebittimes.com/tag/develop.html">develop</a> software. He added: 
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 “Their novel legal theory has dangerous implications for all software developers.” 
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 The bail came the next day after the U.S. DOJ announced the arrest of Storm alongside the charges against Tornado Cash founders, Storm and Roman Semenov, on Aug. 23. 
 The U.S. authority specifically charged the <a rel="noopener noreferrer nofollow" title="develop" href="https://thebittimes.com/tag/develop.html">develop</a>ers with operating the Tornado Cash services and allegedly laundering more than $1 billion in “criminal proceeds.” Additional charges are related to “conspiracy to commit sanctions violations,” as well as “conspiracy to operate an unlicensed money transmitting business.” 
 Storm’s <a rel="noopener noreferrer nofollow" title="lawyer" href="https://thebittimes.com/tag/lawyer.html">lawyer</a> Klein did not immediately respond to Cointelegraph’s request for comment. 
 Related: Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgment 
 The latest news comes roughly a year after the U.S. Treasury Department added Tornado Cash-related addresses to the list of Specially Designated Nationals of the Office of Foreign Asset Control. Subsequently, authorities in the Netherlands arrested another Tornado Cash developer, Alexey Pertsev. The developer was released from jail in April 2023, after spending nearly nine months in prison. 
 Pertsev and Storm are not the only prosecuted <a rel="noopener noreferrer nofollow" title="develop" href="https://thebittimes.com/tag/develop.html">develop</a>ers related to Tornado Cash, though. Another co-founder, Roman Semenov, was added in the OFAC’s list of Specially Designated Nationals and Blocked Persons on Aug. 23 as well. The <a rel="noopener noreferrer nofollow" title="develop" href="https://thebittimes.com/tag/develop.html">develop</a>er remains at large. 
 Magazine: Big Questions: Did the NSA create Bitcoin? 
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Tornado Cash developer Roman Storm released on bail, lawyer says

TheBitTimes

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