Founders of Crypto Mixer Tornado Cash Charged With Laundering Over $1 Billion, Including for North Korean Hackers

Two founders of the cryptocurrency mixing service Tornado Cash were charged with conspiracy to launder over $1 billion.
Roman Semenov of Russia and Roman Storm of Washington state allegedly operated Tornado Cash to enable anonymous and untraceable crypto transactions.
Hundreds of millions of dollars were laundered through Tornado Cash for the North Korean-linked hacking group Lazarus Group.
Storm was arrested in Washington while Semenov remains at large.
Tornado Cash previously faced sanctions from the U.S. Treasury Department for facilitating criminal money laundering.