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In a landmark ruling, Tornado Cash co-founder Roman Storm was found guilty of operating an unlicensed money transmitter, sparking debate over legal responsibility for open-source developers. The case raises concerns about the future of privacy-focused crypto tools and developer freedoms.
- The verdict marks the first major criminal conviction of an open-source crypto developer for third-party misuse of their software.
- Industry groups warn the ruling could drive privacy-focused development offshore due to fears of US legal repercussions.
- The case tests longstanding legal principles treating code as protected speech under the First Amendment.
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