Bitcoin Magazine Tornado Cash Trial Concludes: Roman Storm Found Guilty of One of Three Counts
Today in the Southern District of New York (SDNY), Tornado Cash co-founder Roman Storm was found guilty of the second count on his indictment, conspiracy to operate an unlicensed money transmitting business.
The jury did not come to a unanimous verdict on the other two counts — conspiracy to commit money laundering and conspiracy to violate sanctions.
The jury arrived at this guilty verdict after three and half days of deliberation and after a trial that began in the middle of last month.
As a result of the guilty verdict on the money transmission charge, Storm now faces up to five years in prison.
Judge Failla Rejects Motion To Remand Storm
In the wake of the verdict being issued, the pros