Crypto Mixer Co-Founder on Trial as Trump Embraces Digital Assets

Roman Storm, left, exits federal court in New York on July 14. — Roman Storm, left, exits federal court in New York on July 14.
Photographer: Christian Monterrosa/Bloomberg

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By Chris Dolmetsch and Anika Arora Seth

July 15, 2025 at 5:22 PM UTC

Updated on

July 15, 2025 at 8:55 PM UTC

While President Donald Trump’s administration has dropped or rolled-back several high-profile actions against the US digital asset industry, the ongoing case involving crypto mixer Tornado Cash is a significant exception.

Roman Storm, co-founder of a software platform that facilitates anonymous crypto transactions, is facing a trial on charges that he helped launder more than $1 billion. That sum includes hundreds of millions allegedly stolen by the Lazarus Group, which the US says is a cybercrime organization that works for the North Korean government.