DOJ Cites Bitcoin Fog Ruling in Push to Convict Tornado Cash Co-Founder
Prosecutors use a recent Bitcoin Fog case precedent to strengthen their case against Tornado Cash co-founder Roman Storm.
- DOJ argues Bitcoin Fog ruling supports New York venue for Storm's case.
- Tornado Cash TVL at $743.87M, down 2.1% in past week.
- FinCEN withdrew proposed mixer rule due to concerns over chilling legitimate activity.
Multiple outlets report the DOJ is leveraging the Bitcoin Fog ruling to argue for New York venue in Storm's case, though details of the defense response are less clear.
- DOJ Continues Tornado Cash Case Despite Privacy Policy Changes
- DOJ Cites Bitcoin Fog Ruling in Push to Convict Tornado Cash Co-Founder — this brief
The Department of Justice is invoking a recent 
Bitcoin Fog case ruling to bolster its argument that Roman Storm's alleged Tornado Cash activities in Manhattan provide sufficient grounds for prosecution in New York. According to Cointelegraph, prosecutors cited the Bitcoin Fog decision to establish venue for parts of Storm's case in the state.
Roman Storm, co-founder of the decentralized crypto mixer Tornado Cash, has pushed back against the DOJ's claims. As reported by Decrypt, Storm took to Twitter to highlight that the Financial Crimes Enforcement Network (FinCEN) recently withdrew a proposed mixer rule, citing concerns that it could stifle legitimate crypto activity.
The Tornado Cash platform remains a significant player in the decentralized finance (DeFi) space, with a total value locked (TVL) of $743.87 million, according to DeFiLlama. However, the platform has seen a 2.1% decline in TVL over the past week. The circulating supply of Tornado Cash's native token, CASH, stands at $127.86 million.
The broader crypto market context shows a slight downturn, with the total market cap at $2.92 trillion and Bitcoin experiencing a 2.60% drop in the past 24 hours. Despite this, Bitcoin's 7-day performance remains positive at 0.85%, and the Fear & Greed Index sits at 71, indicating a 'Greed' sentiment in the market.
The DOJ's use of the Bitcoin Fog ruling could set a precedent for how future crypto-related cases are prosecuted, particularly in establishing venue and jurisdiction. The outcome of Storm's case could have far-reaching implications for the crypto industry, especially in light of the FinCEN's recent withdrawal of the mixer rule.
At today's peer-to-peer rate, 1 BTC ≈ ₦114.19M (about $83,613.00), down 3.1% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 7, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin — questions
How much is 1 Bitcoin worth in naira today?
About ₦114.19M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,613.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.16% since this brief first published — trading at $83,613.00 now versus $83,749.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph, Decrypt, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.