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Tornado Cash developer Roman Storm found guilty, partially freed
The trial of Tornado Cash developer Roman Storm has been partially dismissed, and the defendant was released from custody after jurors failed to reach a unanimous verdict on two key charges.
At the August 6 hearing, Storm was found guilty of operating an unlicensed money transmission business. However, the jury could not agree on the more serious allegations of conspiracy to launder money and violating U.S. sanctions, resulting in a partial mistrial.
Previously, Storm—charged in August 2023—faced up to 40 years in prison on the latter two charges. Now, he faces up to 5 years for the unlicensed money transmission conviction.
According to Inner City Press, federal prosecutors stated they intend to “return to court” to seek a retrial on the charges that resulted in a hung jury.
A breather before final sentencing
After the verdict, Judge Katherine Polk Failla ruled that Storm would not be returned to custody, stating he had “every reason to stay and fight.”
“Given the size of the bail, he does not pose a flight risk,” Failla was quoted as saying by Inner City Press.
Still, the judge added, “There is a lot of fight left in this case,” and said, “Mr. Storm remains on the hook.”
A sentencing date has not yet been set, and the partial mistrial leaves the door open for further prosecution on the unresolved charges.
As we wrote, Ethereum Foundation pledges $500K for Tornado Cash developer defense
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