Aug 25, 2023

The crypto industry is grappling with Tornado Cash developers Roman Storm and Roman Semenov being charged with money laundering and sanctions violations.

Video transcript

It is certainly um a a scary set of allegations uh to see against the company. I think most importantly, the the tough part about this for the industry is is that, you know, mature companies in the industry like ours, we we look to build products and services that are taking the benefits of the technology and using them in a positive way, right. Partnering it with traditional financial market structure including new and innovative products and structures. And it's very disappointing to see allegations that the benefits of the technology are being used in a negative way to, to violate us law.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.