Jury Provides Verdict on Tornado Cash Trial
The post Jury Provides Verdict on Tornado Cash Trial appeared on BitcoinEthereumNews.com.
In the landmark “US vs Roman Storm” case, the Tornado Cash founder was found guilty of conspiracy to run an unlicensed money transmittal business and innocent of others. The maximum penalty for this charge is up to 5 years in prison, a fine of $250,000, or twice the amount of the criminally derived property involved, whichever is greater. No Verdict on Money Laundering and Sanctions Charges This case has been a landmark battle for privacy rights and the decentralized nature of crypto. Roman Storm argued that he wasn’t responsible for other actors’ usage of his software. The jury did not reach unanimity on Count 1, conspiracy to commit money laundering, or Count 3, conspiracy to violate US sanctions against North Korea. Those two charges carried heavier legal and geopolitical weight. Their outcome remains undecided. The prosecution has not yet confirmed whether it will seek a retrial on those counts. Judge: Let me see it… Deputy: Mr. Foreperson, Count 1, how do you find?Foreperson: Not unanimous.Deputy 2: Count 2?Foreperson: Guilty.Deputy: Count 3, IEEPA?Foreperson: Not guilty. — Inner City Press (@innercitypress) August 6, 2025 Since the beginning of last month, the trial of Roman Storm, founder of Tornado Cash, has been hotly followed by the crypto industry. The proceedings left a bad taste in the community’s mouth, with threats of additional charges against Storm’s witnesses. Government Wants to Remand the Tornado Cash Founder in Prison Immediately following the verdict, prosecutors moved to revoke Storm’s bail and remand him to prison. He argued that Storm was a flight risk due to his Russian background, financial resources, and prior communications about immigration loopholes. Assistant Attorney Arad told the court that Storm had access to at least $10 million in crypto assets and had advised others about seeking asylum. “We are moving for his remand…
