Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed

The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified as its co-founders face serious allegations of facilitating money laundering on a massive scale. Roman Storm and Roman Semenov have been charged by the US Department of Justice (DOJ) with running a facility purportedly aiding in the laundering of over $1 billion in illegal money. This covers earnings from infamous cybercriminals such as Lazarus Group of North Korea. The DOJ claims that Tornado Cash neglected required rules, including acquiring a money-transmitting license, which casts doubts on the…

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