Tornado Cash Case Partial Verdict: Convicted of Operating an Unlicensed Money Transmitting Operation
Tornado Cash co-founder Roman Storm's case has reached a partial verdict: the charge of operating an unlicensed money transfer business illegally has been established, while the charge of conspiracy to launder money is still pending judgment, with Roman Storm pleading not guilty to violating sanctions.
Roman Storm is facing trial in the Southern District of New York federal court, and this case could set a legal precedent on how much responsibility developers should bear when their decentralized software is illegally used. The US prosecutors have accused Storm of money laundering conspiracy, violating US sanctions, and operating an unlicensed money transfer business. If convicted, he could face up to 40 years in prison.
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