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Guilty Verdict Sends TORN Price Crashing 15% — What’s Next?
Aug 7, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
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TL;DR
- Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business.
- TORN price dropped below $10 after the court decision, recording a 24% loss over seven days.
- Active addresses spiked to 173 on August 6, likely driven by wallet activity during market sell-off.
Court Finds Tornado Cash Developer Guilty
Roman Storm, a developer and co-founder of Tornado Cash, has been found guilty of running an unlicensed money transmittal business. The verdict came from a federal jury in Manhattan on August 6, following four days of deliberations.
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