The US Department of Treasury: Roman Storm, co-founder of Tornado Cash, has been arrested by the FBI and the Internal Revenue Service.

According to a BlockBeats report on August 24th, Roman Storm, co-founder of Tornado Cash, has been arrested by the FBI and the IRS for conspiracy to launder money, operate an unlicensed money transmitting business, and violate sanctions regulations. The other co-founder, Roman Semenov, is still at large. Furthermore, the statement notes that since its creation in 2019, Tornado Cash has been used to launder money for criminals, including obscuring the hundreds of millions of dollars in virtual currency stolen by the Lazarus Group hackers.