Tornado Cash Developer Roman Storm Guilty on One Count in Federal Crypto Case

Roman Storm, one of the developers of crypto anonymizing tool Tornado Cash, has been found guilty of conspiracy to operate an unlicensed money transmitting business by a jury in a court in New York. He faces a maximum sentence of five years in federal prison. In 2023, the US Department of Justice charged Storm with three violations: conspiracy to commit money laundering, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmitting business. On Wednesday, at the end of a four-week trial and a deliberation period spanning five...