Tornado Cash Founders Lawsuit: A Scam? What You Must Know

Did you receive the Tornado Cash Founders Lawsuit email? It is not a scam. You received the mail because you filed a claim.

So you know that Tornado Cash thing, right? Well, the folks behind it, Roman Storm and Roman Semenov, got charged by the Manhattan U.S. attorney’s office. They’re saying these guys helped North Korea clean over $1 billion.

Who Is Eligible For The Tornado Cash Founders Lawsuit

So, the government is saying that Storm and Semenov teamed up with a cybercrime gang from North Korea called Lazarus Group. Together, they supposedly cleaned hundreds of millions of dollars and made big money. Now they’re dealing with this case in a New York court.

The Manhattan U.S. Attorney Damian Williams said Storm and Semenov were helping bad stuff happen. They’re accused of aiding over $1 billion in dirty money to hide and also working with North Korea against U.S. rules. Even though they acted like they were offering a fancy privacy service, they supposedly knew they were helping hackers and crooks cover up their illegal gains.

How Much Is The Settlement

Storm and Semenov are in hot water because they supposedly helped bad guys move more than $1 billion secretly using a crypto thing called Tornado Cash. These bad guys are part of a North Korean hacking gang called Lazarus Group. The FBI’s Christopher A. Wray says they were laundering money, and Tornado Cash got banned last August by the U.S. Treasury because North Korean hackers used it to hide stolen crypto.

How To File A Claim

There is currently no form available at the moment.

Conclusion

In conclusion, U.S. v. Storm, et al., Case No. 23-cr-430, Just like Iowa Board Of Regents, the government is saying that Storm and Semenov teamed up with a cybercrime gang from North Korea called Lazarus Group. Together, they supposedly cleaned hundreds of millions of dollars and made big money. Now they’re dealing with this case in a New York court.