Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, was convicted on August 6, 2025, by a federal jury in Manhattan for conspiracy to operate an unlicensed money transmitting business under Section 1960. The trial jury deadlocked on two other charges: conspiracy to commit money laundering and conspiracy to violate sanctions related to North Korea, resulting in no unanimous verdict on those counts. Prosecutors had accused Storm of enabling criminals and hackers to launder over $1 billion through Tornado Cash. The government is considering whether to retry the unresolved charges. Storm was acquitted of the sanctions violation charge. Following the verdict, prosecutors requested that Storm be remanded to prison, citing his ties to Russia and perceived flight risk; however, his bail was upheld. The case has drawn significant attention from the cryptocurrency industry and legal experts, with some viewing the money transmission conviction as a controversial application of the law to decentralized finance (DeFi) software. The verdict marks a notable legal precedent for non-custodial crypto services in the U.S., and appeals or further legal challenges are anticipated. A detailed account of the trial and verdict is being published in a book titled "Crypto Storm Verdict."