Tornado Cash Co-Founder Found Guilty of Operating Unlicensed Money Transmitter
A federal jury in Manhattan has found Roman Storm, co-founder of crypto mixing service Tornado Cash, guilty of operating an unlicensed money transmission business.
However, jurors were unable to reach a verdict on additional charges related to money laundering and sanctions violations, resulting in a partial verdict after days of deliberation.
The verdict was delivered in the U.S. District Court for the Southern District of New York, with Judge Katherine Polk Failla presiding. Calling it a “hard-fought case,” the judge acknowledged the jury’s deadlock on the two remaining charges.
Storm was originally indicted in 2023 on allegations that he conspired to launder money and violated international sanctions by…
