North Korean Hacker Linked to Tornado Cash Laundering

After authorities banned the Russian-founded cryptocurrency platform Tornado Cash over its alleged support for North Korean hackers a year ago, it has been announced that two co-founders of the cryptocurrency mixer have been charged with money laundering and other crimes. 

According to the US Justice Department, Roman Semenov and Roman Storm have been charged with conspiring to commit money laundering, conspiring to violate sanctions, and conspiring to operate an unlicensed money-transmitting business. According to a statement issued on Friday. Semenov is expected to appear in court shortly. 

It has been announced that US law enforcement officials have charged Tornado Cash’s founders with laundering more than $1 billion in criminal proceeds during their operations. There were also allegations of Roman Semenov and Roman Storm taking part in a scheme to launder millions of dollars for the Lazarus Group, a cybercrime organization with connections to the North Korean government, according to a statement made by the US Department of Justice. Storm has been arrested in the state of Washington, while Semenov continues to remain on the run from authorities. 

According to the indictment published yesterday, the defendants were charged with conspiring to launder money, conspiring to violate sanctions, and conspiring to oper

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