Roman Storm, co-founder of Tornado Cash, was found guilty of running an unlicensed money business by a Manhattan jury. He faces up to five years in prison for this felony charge. The jury was deadlocked on other charges related to money laundering and violating North Korea sanctions.

Prosecutors presented evidence that Storm had the ability to prevent criminal use of Tornado Cash’s code but chose not to. Storm’s legal team included experts like Preston Van Loon and Matthew Edman. Storm pleaded not guilty to charges of money laundering and operating an unlicensed money transmitter.

Judge Failla, mindful of other crypto-related cases, has yet to schedule Storm’s sentencing hearing. Storm continues to maintain his innocence. Supporters, including Vitalik Buterin and Matt Huang, have raised over $3 million for his legal defense. The sentencing will determine if Storm will serve time in prison.

Read more at Cointelegraph: Tornado Cash Co-Founder Is Found Guilty After 3-Week Trial