Well shit.
Frank Corva's avatar Frank Corva
The Tornado Cash trial has concluded. Roman Storm has been found guilty of the conspiracy to operate an unlicensed money transmission business charge. Here are my thoughts on the outcome, the government’s (rejected) motion to remand Storm, and what comes next.
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In his follow up he says the judge left remarks that the one charge he was found guilty on is the one with the most viable path to appeal. Which is interesting. The legal precedent for this would be concerning if unappealed though because it's simply not enforceable at large scale without mass surveillance. And even then, it will just force open source decentralized tech underground and to evolve faster and harder.