Roman Storm, the co-founder of the cryptocurrency mixing service Twister Money who was arrested on money-laundering and different fees on Aug. 23, was launched on bail quickly after he was detained by the US Division of Justice (DOJ), his lawyer stated.

Storm’s lawyer, Brian Klein, took to X (previously Twitter) on Aug. 24 to announce that Storm had been launched on bail.

Klein famous that he nonetheless stays “very disillusioned” about the truth that the prosecutors charged the developer simply because he helped to develop software program. He added:

“Their novel authorized idea has harmful implications for all software program builders.”

The bail got here the following day after the U.S. DOJ introduced the arrest of Storm alongside the fees in opposition to Twister Money founders Storm and Roman Semenov on Aug. 23.

The U.S. authority particularly charged the builders with working the Twister Money companies and allegedly laundering greater than $1 billion in “felony proceeds.” Extra fees are associated to “conspiracy to commit sanctions violations” and “conspiracy to function an unlicensed cash transmitting enterprise.”

Storm’s lawyer, Klein, didn’t instantly reply to Cointelegraph’s request for remark.

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The newest information comes roughly a yr after the U.S. Treasury Division added Twister Money-related addresses to the checklist of Specifically Designated Nationals of the Workplace of International Asset Management (OFAC). Subsequently, authorities within the Netherlands arrested one other Twister Money developer, Alexey Pertsev. The developer was launched from jail in April 2023 after spending practically 9 months in jail.

Pertsev and Storm aren’t the one prosecuted builders associated to Twister Money, although. One other co-founder, Roman Semenov, was added within the OFAC’s checklist of Specifically Designated Nationals and Blocked Individuals on Aug. 23 as nicely. The developer nonetheless has not been arrested.

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