Hack victims testify In Tornado Cash founder’s trial

On the second day of the criminal trial of Tornado Cash founder Roman Storm, prosecutors argued that Storm failed to take steps to prevent criminal use of the platform. Storm’s defense team argued that the decentralized nature of the protocol made it difficult to provide assistance. According to CoinDesk, three government witnesses testified that they had reached out to Tornado Cash for help in recovering funds stolen in hacks and frauds, but received little or no help. Among the witnesses was Andy Ho, co-founder and CTO of Sky Mavis, who stated that more than $600 million was stolen in a 2022 hack of Ronin Bridge by North Korea’s Lazarus, and that the hackers later used Tornado Cash to launder some of the funds.