Tornado Cash's Roman Storm Found Guilty on One Charge in Partial Verdict
Storm's partial conviction will almost certainly be appealed by the defense.
Roman Storm, the developer for Tornado Cash, was found guilty of operating an unlicensed money transmitter by a Manhattan jury. The jury did not convict on a sanctions charge and was deadlocked on a money laundering charge.
What’s the Scoop?
- Partial Verdict: A jury found Storm guilty of operating an unlicensed money transmitter but could not reach a verdict on money laundering. He was found not guilty on sanctions violations.
- Original Charges: Storm was originally charged in 2023 with conspiracy to commit money laundering and sanctions violations for his role in operating Tornado Cash.
- Allegations: Prosecutors had alleged
Tornado Cash processed more than $1 billion in illicit transactions, including millions for North Korea’s Lazarus Group.
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