Roman Storm’s Unlicensed Money Transmitting Conviction Highlights a Critical Juncture For Cryptocurrency

Roman Storm, a Tornado Cash developer, was convicted on August 6, 2025, of conspiracy to operate an unlicensed money transmitting business, which carries a maximum sentence of five years. The jury could not reach a verdict on the other two charges: conspiracy to commit money laundering and conspiracy to violate U.S. sanctions. Prosecutors claimed Tornado

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