After a nearly 4-week proceeding, the jury in US v. Storm found the Tornado Cash co-founder guilty on one count, and could not reach a decision on two others.
After a nearly 4-week proceeding, the jury in US v. Roman Storm found the Tornado Cash co-founder guilty on one count of conspiracy to operate an unlicensed money transmitting business under 18 US Criminal Code Section 1960, but could not reach a decision on the charges of conspiracy to commit money laundering and violate U.S. sanctions, resulting in a mistrial on those counts.
After the trial, Storm and his defense counsel reiterated their commitment to appeal the single conviction.
Judge Katherine Polk Failla rejected the prosecution's motion to take Storm into custody, commenting that there were many possibilities for appeal on the 1960 count. The count was impacted by shifting stances from the Trump Department of Justice, in the form of the Blanche memo.
Storm co-created the Tornado Cash privacy protocol with Alexey Pertsev and Roman Semenov, who are also his co-founders in the blockchain security and consulting firm Peppersec.