Roman Shtorm found guilty on one of three charges

On August 6, the US District Court for the Southern District of New York issued a ruling against Tornado Cash co-founder and developer Roman Storm.

The jury found him guilty of «operating an unlicensed money-laundering business.» For this, Storm faces a maximum sentence of up to five years in prison. There was no unanimous verdict on the charges of conspiracy to commit money laundering and conspiracy to violate sanctions on North Korea. This was despite four days of deliberations. No date has yet been set for Storm’s final sentencing.

The crypto community has not been pleased with the news of the jury’s verdict, with many disagreeing with their decision.

We are disappointed that the jury did not find that Storm should not be held liable for the actions of third parties over which he had no control. It is clear that the jury could not find on all charges because the government made many errors and their arguments were not persuasive, but we had hoped for a different outcome for Storm, the educational foundation wrote in a post. DeFi.

Blockchain Association urges Tornado Cash co-founder to appeal

Today’s conviction on Count 2 against Roman Shtorm is disappointing and sets a dangerous precedent for open source software developers. We encourage him to appeal and stand ready to support him in doing so, the organization said.

Storm has already said he plans to fight the charge, calling it “bullshit.” He also quoted Donald Trump, saying he will “fight, fight, fight.”

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