Roman Storm Found Guilty in Landmark Crypto Money Transmitting Case—What’s Next for DeFi?
Another crypto builder falls to legacy finance’s rulebook. Roman Storm’s partial guilty verdict for unlicensed money transmitting conspiracy just dropped—and the industry’s watching the dominoes.
The Charges That Could Reshape Crypto
Storm’s case hinges on operating without the sacred paperwork traditional banks drown in. No numbers? No problem. The precedent’s the punchline: innovate fast enough, and the SEC will help you ‘slow down.’
DeFi’s Regulatory Tightrope
Anonymous founders, borderless protocols—Storm’s verdict proves the U.S. isn’t playing nice with crypto’s wild west ethos. But since when did permissionless innovation need a government hall pass?
The Ironic Twist
Wall Street launders billions daily, but sure—let’s nail the guy coding in his basement. The real crime? Still using ‘unlicensed’ like it’s a badge of dishonor in 2025.