Tornado Cash developer Roman Storm found guilty in split verdict
Main Idea
Tornado Cash developer Roman Storm was found guilty on one count in a split verdict, with the defense expected to appeal while he remains on bail pending sentencing.
Key Points
1. Roman Storm was found guilty on one count related to conspiracy to commit money laundering and conspiracy to violate US sanctions, while the jury did not reach a unanimous verdict on two other counts.
2. Storm had pleaded not guilty to all charges, but the judge rejected his motion, stating he was unlikely to flee and would remain for sentencing.
3. The case stems from Storm's role in developing Tornado Cash, a cryptocurrency mixing service accused of enabling criminal activity by not restricting usage.
4. Storm is currently out on a $2 million bail, and his legal team plans to appeal the verdict.
5. The trial involved testimonies from experts including those from the FBI, IRS, and white hat hackers.
Description
A jury has found Tornado Cash developer Roman Storm guilty on one count of conspiracy to operate an unlicensed money transmitting business, but split on two others in a partial verdict delivered on Wednesday, August 6, 2025. The verdict comes after three weeks of trial in the high-profile case against the Tornado Cash co-founder, whose arrest and trial has attracted a lot of attention across the crypto industry. On Wednesday, the jury found him guilty of conspiracy to operate an unlicensed money...
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