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Roman Storm was convicted for conspiracy to operate an unlicensed money transmitting business under Section 1960.
The jury was deadlocked on money laundering and sanctions. DOJ will decide in the coming days if it wants to retry those charges in a new trial.
A sad day for DeFi.
🚨NEW: Just caught @rstormsf outside the courtroom. I asked how he was feeling. In a quiet voice, but with a noticeable smile, he told me:
“It’s a big win. The ‘1960’ charge is bullshit and we’re going to fight it all the way. You know how President Trump said ‘fight, fight, fight’? We’ll do that too.”
He expressed relief at not being remanded to jail and mentioned his 5-year-old daughter as one of the reasons he plans to keep fighting the one charge he was convicted on.
He said he’s heading back to Seattle tomorrow.
@davecraige@iampaulgrewal Once again, did @rstormsf accept and transmit funds or did he simply provide software? If you’re arguing that he accepted and transmitted funds, explain how he did that through a noncustodial protocol.
During deliberation, the jury is allowed to ask the judge questions and the judge only sends back a response after talking to prosecution and defense about it.
First jury question is basically "did the government ever have evidence to prove its case?"
Bullish Roman. Hopes up 🤞