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 days, the jury returned a partial verdict: It found Storm guilty of operating an unlicensed money transmitting business and not guilty
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