In the case of landmark “US vs. Roman Storm”, the founder of Tornado Cash was found guilty of conspiracy to run a money transamital business and international business without a license.
The case has been a historic battle for private rights and decentralized nature of Crypto. The Roman Storm stated that he was responsible for the use of other actors of his software, and Justice set a new example on the subject.
Tornado cash founder declared
The Roman Storm, the founder of Tornado Cash, has been tested warmly by the Crypto industry since last month. With the threat of additional allegations against the storm witnesses, the processes left a bad taste in the mouth of the community. Today, however, we finally get a definite decision from the jury:
So, why is the Crypto world invested in this matter? Simply put, privacy has been a main value of this entire ecosystem, sometimes sin Satoshi Nakamoto made bitcoin both reliable and decentralized. Storm lawyers have admitted that the tornado cache clung to these principles, never entangled in money laundering.
Tornado Cash Crypto is a piece of software to protect the privacy of users. It combines tokens from uneven sources, which unconscious the history of transaction, and criminal organizations certified it for money laundering. However, it is far from directing these crimes.
In short, this test is a test of what the American legal system will tolerate decentralized protocols. This mixed result is somewhat positive for the community. The storm was found innocent of serums such as theft of restrictions and money laundering.
From here, it is not clear what kind of punishment he can give for the remaining charge, but the maximum punishment is five years.
The Post provides a Zurary verdict