Closing arguments in Tornado Cash developer case focus on privacy rights, with prosecutors alleging facilitating profiteering.

U.S. prosecutors stated at a criminal trial in New York on Wednesday that developer Roman Storm created the cryptocurrency mixer Tornado Cash not to promote cypherpunk principles like privacy, but rather to "make a killing." Federal prosecutor Benjamin Gianforti, in his closing arguments, argued that the business actually provided privacy protection for criminals, and there was evidence that they used it to launder stolen funds. Storm's lawyers argued that the protocol was designed to allow ordinary people to send and receive funds privately, and that his actions were simply part of creating a privacy protocol. However, prosecutors dismissed this as a pretext, stating that the real profit came from hiding the stolen funds. The cryptocurrency community viewed the case as a referendum on programmers' rights. Storm pleaded not guilty to three counts, including conspiracy to launder money, and faces more than 40 years in prison if convicted. The jury will reconvene on Thursday to make its verdict.