Roman Storm Speaks - Tornado Cash Developer on What’s at Stake
Explore the pivotal case for digital rights with Tornado Cash developer Roman Storm, discussing the implications for software privacy and innovation.
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Inside the episode
- Donate to Roman’s legal defense: Juicebox Campaign
In our latest episode, we delve into one of the most important cases for digital rights this decade. Roman Storm, a developer of Tornado Cash, joins us alongside his attorney, Keri Curtis Axel, to discuss the criminal charges he faces for developing open-source privacy tools on Ethereum. Arrested from his home in Seattle in August 2023, Roman now faces decades in prison—a chilling prospect for the crypto community and for the future of digital privacy.
This case raises pivotal questions:
- Is code speech?
- If bad actors misuse open-source code, are developers liable?
- Do U.S. citizens have a right to digital privacy?
The answers to these questions will define the boundaries of cryptography, privacy, and innovation in the U.S. for years to come. And, as Roman’s lawyer emphasized, this case is not just about regulation—it’s about criminal enforcement, with the U.S. government leveraging its full weight against a single individual.
Roman’s Story: From Developer to Defendant
Roman’s journey began as a curious child in post-Soviet Russia, where his parents’ gift of a computer sparked a lifelong passion for technology. After immigrating to the U.S., he immersed himself in programming, determined to solve real-world problems and live the American dream. Tornado Cash was one such solution—a tool to provide privacy for blockchain transactions, addressing the Ethereum community’s need for anonymity in an open and immutable system.
But that innovation has now turned into a nightmare. On August 23, 2023, Roman’s home was raided by armed federal agents. He recalls the traumatic experience vividly: waking up to rifles pointed at him, his 3-year-old daughter witnessing the chaos, and his property being seized. Despite cooperating with the Department of Justice (DOJ) before his arrest, Roman now faces charges that could imprison him for up to 45 years.
The Charges and Legal Defense
Roman is charged with:
- Conspiracy to Commit Money Laundering (20-year max sentence)
- Conspiracy to Operate an Unlicensed Money Transmitting Business (5-year max sentence)
- Conspiracy to Violate the International Economic Emergency Powers Act (20-year max sentence)
His lawyer, Keri Curtis Axel, argues that these charges lack legal basis:
- Money Services Business (MSB): Tornado Cash is decentralized, doesn’t control user funds, and charges no fees—disqualifying it as an MSB under the law.
- Money Laundering: The government alleges negligence rather than intent, a dangerous precedent for criminal liability in open-source software.
- Sanctions Evasion: The charges rely on the actions of third parties, like the Lazarus Group, with no connection to Roman.
Keri emphasizes that this case is about more than Roman—it’s about whether developers can be criminalized for creating software that others misuse.
What’s at Stake for Crypto
The implications of Roman’s case extend far beyond Tornado Cash.
If the government’s arguments succeed, any developer working on decentralized finance (DeFi) protocols could be held liable for their use, deterring innovation and crippling the crypto ecosystem. This would effectively outlaw immutability and openness, cornerstones of blockchain technology.
Roman’s defense has already achieved small victories, including challenging unconstitutional seizure of cryptocurrency stored in cold wallets. But the battle is far from over.
How You Can Help
Roman’s trial is set for April, and his legal defense requires substantial resources—an estimated $2 million to see the case through. Bankless has donated $50,000 to his legal fund and encourages the crypto community to join in supporting Roman.
- Donate to Roman’s legal defense: Juicebox Campaign
- Learn more: DeFi Education Fund Amicus Brief
Roman’s fight is our fight. It’s about protecting the fundamental right to privacy, ensuring developers can write open-source code without fear, and pushing back against government overreach.
As Roman said, “My life is literally at stake.”
Let’s stand with him. Let’s stand for privacy. Let’s stand for crypto.
Transcript
We have a sobering episode today on Bankless.
We have Tornado Cash developer Roman Storm on the podcast today. Now, Roman, you might remember, he was arrested from his Seattle home just over a year ago. This was in August of 2023. He was arrested for the development and deployment of Tornado Cash, which we've talked about on Bankless as an open source code. It was developed on Ethereum and it provides privacy for blockchain transactions. He now faces criminal charges in the United States and the prospects of decades in jail.
Now, David and I think Roman's case is the most important case for digital rights of the 2020s, this decade,
is code speech. If bad people use open source code to do bad things, do the developers of that code go to jail? Are U.S. citizens allowed to even have digital privacy over their economic transactions? All of those things are going to be decided in this case. And just also on a personal level, a man's life is at stake here.
As you can see in today's conversation, the full weight of the U.S. government is being leveraged to prosecute Roman Storm. And so there's a massive power asymmetry here to correct for.
Roman's case is coming up in April and he needs funds for his legal defense. He doesn't have the money to fight this alone. We're hoping the crypto community can step up to fund him. We gave him $25,000 to Roman's case in the beginning of this year. And so in addition to that, we are also giving him another $25,000 after this recording and hope that you will also, listener, join us to support Roman and also our own fight to have a right to privacy in crypto, because that is also what is at stake in this case.
I don't know if we will win this fight.
The fight for the right to use cryptography in the United States has a long history of legal battles, which have all dictated the future of freedom and privacy in the United States. This is one of those cases and a moment when the crypto industry has the opportunity to shape the future in a very big way on the shoulders of Roman Storm and his fight against government overreach.
So this is Roman Storm with his lawyer on the Tornado Cache case and what's at stake.
Bankless Station, I'm very pleased to introduce you to Roman Storm. He is the developer of Tornado Cash. We also have Carrie Curtis Alex. She is an attorney representing Roman's case at Waymaker. Carrie Roman, welcome to Bankless.
Thank you.
Thank you.
Okay, so we got a few questions for you today. Um, first, I just want to ask Roman on like a personal level, how are you feeling? Like how are your spirits just overall?
Hi, Brian. Hi, David.
Hi, people who is listening right now.
Thank you for asking. Honestly, every day I go
through a wide spectrum of emotions, from confident and energized
to isolated and frankly scared.
Let's face it, I
I find myself in a unique position with this federal indictment where I still struggle.
To understand, like, why did I get arrested?
And yet, my case will serve as a precedent for other programmers like myself.
It's a huge responsibility, to be honest,
uh, to carry this weight on my shoulders for over a year now.
But
what gives me hope is the support of our crypto community,
uh, both spiritual and of course financial.
Because my legal fight is
everyone's fight.
And to use Alexander Dumas' words that I like to quote all for one and one for all, right?
Uh Roman, uh people I think know you as the Tornado Cache developer. That's like how you are known in the space. Maybe you could just shed a little bit more light uh upon yourself. Who are you who are you and how'd you become a developer?
Okay, sure.
I may have shared this in the past, uh, but I think my journey towards software development began when my parents gifted me a computer at age about seven.
Now, this was a very unusual gift because my peers in post Soviet Russia weren't able to have computers until high school or even college age.
My parents were lower middle income, regular folks, but somehow they saw this potential in me, and I will be forever grateful to them for that.
Afterwards, I'll basically learn everything I could about computers. I'll fix broken hardware and assemble Frankenstein computers from random scraps.
I'll help my friends with software upgrades and virus protection until graduated
high school.
Later, I immigrated to the United States, specifically Silicon Valley, because I saw
it as a capital of tech innovation and I wanted to be in this environment.
After coming to the United States, I took programming courses at City College of San Francisco
and did everything I could to get better at programming.
I just wanted to solve problems that would improve people's lives.
I was living the American dream.
Uh you were living the American dream. Maybe, maybe that's in the in the past tense. Uh Roman, I'm I'm not sure what what that means now, but I I want to ask you on your developer journey, w why did you decide to develop Tornado Cash?
That's a very tough question.
But uh first,
my lawyers say I have to be very careful to say that when you say tornado cash,
I understand that you meant to refer to the software,
specifically the smart contracts,
which
people call the tornado cache pools.
And there have been a lot of interviews where I've told the story, but in short,
The Ethereum community
had been in need of a privacy tool for a lot of very legitimate reasons.
Several events happened at the time that involved our team
starting to work on it.
And
I'm sure your listeners have heard
that I met with Alec Butyrin at uh if New York Hackathon, who suggested it.