Roman Storm, co-founder of Tornado Cash, was found guilty of conspiracy to operate an unlicensed money transmitting business and faces up to five years in prison. The jury could not reach a consensus on two additional charges: conspiracy to commit money laundering and conspiracy to violate sanctions. Following the verdict, the prosecution moved to remand Storm, stating he was a flight risk, but the defense countered with arguments about his family ties and bond. The judge ultimately rejected the remand, emphasizing Storm's reason to remain in the U.S. during the appeal process.
Roman Storm was found guilty of conspiracy to operate an unlicensed money transmitting business, potentially facing up to five years in prison.
The jury was unable to reach a unanimous verdict on the counts of conspiracy to commit money laundering and conspiracy to violate sanctions.
The defense argued Storm is not a flight risk due to his family ties in the U.S. and his home being under a $2 million bond.
Judge Failla rejected the prosecution's motion to remand Storm, indicating that he has no strong reasons to flee during the appeal process.
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