A federal jury found crypto developer Roman Storm guilty of operating an unlicensed crypto business but cleared him of sanctions violations and deadlocked on a money laundering charge.

Jurors found Tornado Cash co-founder Roman Storm guilty of conspiracy to operate an unlicensed money transmitting business. But he dodged the most severe charges. A judge denied prosecutors' request to detain Storm.

A co-founder of Tornado Cash, a digital-currency “mixing” service that was used by North Korean cybercriminals to launder stolen funds, was convicted of one of the three criminal charges he had faced,