Tornado Cash Founders Charged in Money-Laundering Scheme (2)

Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime organization.

Roman Storm and Roman Semenov were charged with conspiring to launder money, violate US sanctions and operate an unlicensed money-transmitting business. Tornado Cash claimed to provide untraceable and anonymous financial transactions using a cryptocurrency.

US efforts to shut down Tornado Cash and punish two of its cofounders has sparked a conflict between the government, which seeks to choke off ...