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Tornado Cash cofounder dodges money laundering conviction, found guilty of lesser charge

Tornado Cash cofounder dodges money laundering conviction, found guilty of lesser charge A cofounder of the cryptocurrency mixing service Tornado Cash was found guilty on Wednesday of conspiring to operate an unlicensed money-transmitting business, while the jury failed to reach a ruling on the more significant charges of conspiracy to commit money laundering and to violate sanctions. The partial verdict in the federal Southern District of New York is something of a win for Roman Storm, the software developer who has been heralded among many in the cryptocurrency world as a crusader for digital privacy rights. The government contended that Storm and his associates knowingly operated Tornado Cash as a money laundering service for cybercriminals. He faces a maximum of five years in prison,…

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therecord.media
Published
Aug 6, 2025
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language: en
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