Developer of Crypto Mixer Tornado Cash Found Guilty on One Criminal Charge

A co-founder of Tornado Cash, a digital-currency “mixing” service that was used by North Korean cybercriminals to launder stolen funds, was convicted of one of the three criminal charges he had faced, after a three-week trial in New York federal court.

A jury on Wednesday found Roman Storm guilty of conspiracy to operate an unlicensed money transmitting business, a disappointment for crypto proponents who had backed the software developer’s defense. The charge carries a maximum prison sentence of five years.