Roman Storm Found Guilty on 1 Count. What Does This Mean for Crypto?

Former prosecutor Sam Enzer says the mixed verdict shows weakness in the government’s case.

Roman Storm, co-founder of Tornado Cash, was found guilty on one count of operating an unlicensed money transmission business, but a U.S. jury deadlocked on the more serious allegations of money laundering and sanctions violations tied to North Korea’s Lazarus Group.

Former federal prosecutor Sam Enzer joins Laura Shin to discuss:
🔹 Why this outcome is seen as a partial win for crypto
🔹 What it means for developers building open-source tools
🔹 The legal challenges ahead and why the conviction might not stick
🔹 How the DOJ’s evolving approach to crypto regulation shaped the case
🔹 And why this case could set critical precedent for DeFi and privacy protocols


Timestamps:
🎬 0:00 Intro
⚖️ 2:51 What led to Roman Storm’s trial and how Tornado Cash operates
📉 8:50 Why this verdict is considered a weak outcome for the government
🧍 18:25 How some witnesses may have undermined the prosecution
💻 20:42 What lessons developers should take away from the case
🔜 28:34 What’s next in the legal process and how appeals could play out
🚨 30:34 Why the DOJ signaled interest in charging Dragonfly
🤞 31:55 What the crypto industry should hope for as the case moves forward

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#bitcoin #ethereum #crypto #cryptocurrencies
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