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Roman Storm, a key developer behind cryptocurrency mixer Twister Money, pleaded not responsible to a number of felony expenses, Internal Metropolis Press mentioned on Sept. 6.
That report signifies that Storm pleaded not responsible to expenses contained inside an earlier indictment. These expenses, which have been first introduced on Aug. 23, embrace conspiracy to commit cash laundering, conspiracy to commit sanctions violations, and conspiracy to function an unlicensed money-transmitting enterprise.
Following Storm’s plea, prosecutors asserted that Storm, with Twister Money, aided the North Korean state hacking group Lazarus Group. As a coin mixer, Twister Money had respectable privateness functions however may have been used to launder cash as properly.
Through the proceedings, Prosecutors acknowledged that they plan to acquire discovery supplies from GitHub and mentioned that they’ve “a number of terabytes” of Russian-language information from Dutch authorities. Prosecutors additionally mentioned the dealing with of labeled supplies with the decide. Prosecutors acknowledged that one other accused particular person — identified to be Roman Semenov based mostly on previous experiences — stays a fugitive exterior of the U.S.
Lastly, prosecutors agreed to launch Storm on a $2 million bond secured by his Washington residence by Sept. 15. Prosecutors mentioned that they’ve seized Storm’s Russian passport and that his motion is restricted to components of the USA.
Proceedings recommend {that a} trial will happen on Nov. 30.
Connections to different crypto instances
Internal Metropolis Press famous connections to different high-profile cryptocurrency instances. It noticed that Assistant U.S. Lawyer Thane Rehn, who’s a prosecutor within the case at hand, can also be a prosecutor within the case towards former FTX CEO Sam Bankman-Fried.
Internal Metropolis Press additional famous that Storm’s lawyer is Brian Klein. Klein beforehand represented Virgil Griffith, an Ethereum developer who was charged and located responsible of sanctions violations involving North Korea.
The entire above instances are or have been dealt with by the U.S. Lawyer’s Workplace for the Southern District of New York — a division of the Division of Justice (DOJ) that’s at the moment extremely concerned in prosecuting crypto-related crimes.
The put up Twister Money developer Roman Storm pleads not responsible to expenses of conspiracy, cash laundering; launched on $2M bond appeared first on CryptoSlate.
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