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Tornado Cash founder Storm sentenced for conspiracy, industry states it will continue to support.
[Chain News] On August 7, news came that a Manhattan jury found Tornado Cash founder Roman Storm guilty of conspiring to operate an unlicensed money transfer business, but failed to reach a verdict on money laundering and sanctions charges. The DeFi Education Fund and other organizations stated they would continue to support Roman Storm. The DeFi Education Fund stated: "We are disappointed that the jury did not recognize that Storm should not be held responsible for the actions of third parties he could not control." The Blockchain Association urged Storm to appeal. According to reporter Eleanor Terrett, Storm plans to rebut the charge, calling it "nonsense." According to Terrett, Storm quoted President Donald Trump, stating that he would "fight, fight, fight."