A Manhattan federal jury returned a partial verdict against Tornado Cash co-founder Roman Storm on Wednesday, convicting him of conspiring to operate an unlicensed money-transmitting business while failing to reach a unanimous decision on a money-laundering charge and acquitting him of sanctions-evasion allegations. Prosecutors had accused Storm of helping criminals and North Korea–linked hackers launder more than $1 billion through the crypto-mixing service, saying the platform’s design deliberately obscured fund flows. Storm’s lawyers countered that the open-source software was created for legitimate privacy uses and that he did not control how others employed it. Judge Katherine Polk Failla denied the government’s request to revoke Storm’s $2 million bail, allowing him to remain free while the Justice Department weighs a retrial on the hung count. The lone conviction carries a statutory maximum of five years, with sentencing to be scheduled. The mixed verdict comes amid a broader U.S. crackdown on cryptocurrency mixers, including last week’s guilty pleas by the founders of rival service Samourai Wallet.