#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Odaily Planet Daily News According to a series of new documents submitted by the defense team of Roman Storm, co-founder of Tornado Cash, they are attempting to dismiss the case against Storm before the trial begins, claiming that the prosecutor exceeded their authority in their final pre-trial motion.
In response to the government's motion to dismiss the trial against Storm, its defense team submitted a reply last Friday, arguing that the case against him should be dismissed on the grounds that the government has not taken sufficient measures to prove Storm's active involvement in the alleged crimes stated in the indictment.
"In fact, as the government has acknowledged, when criminals start to abuse the Tornado Cash protocol, it is immutable and can be accessed by anyone with an internet connection," the motion said.
Most of the documents questioned the government's characterization of Tornado Cash as a "transfer business", which even caught the attention of Senators Ron Wyden and Cynthia Lummis, who wrote a letter opposing the government's interpretation of the term. This letter is also included in the motion of Storm. Storm's lawyers argue that categorizing Tornado Cash as a money transmission service "".
In other motions, the lawyer argued that the government prosecutors should be compelled to provide certain communications with the Dutch authorities and that the seizure of his cryptocurrency hardware wallet violated the Fourth Amendment. (The Block)
Previously in April, the US Department of Justice rejected developer Roman Storm's motion to dismiss the criminal charges against Tornado Cash, stating that the submitted documents raised disputed facts that should be weighed by the jury.