News & Analysis as of

Regulatory Violations Decentralized Autonomous Organization (DAO)

Ballard Spahr LLP

Tornado Cash Jury Deadlocked on Most Serious Charges, but Convicted Founder Roman Storm on Conspiracy to Operate an Unlicensed...

Ballard Spahr LLP on

On August 6th, 2025, following a four-week trial, a jury found Roman Storm, the founder of a crypto mixing service called Tornado Cash, guilty of conspiracy to operate an unlicensed money transmitting business. The jury was...more

Nelson Mullins Riley & Scarborough LLP

Ooki Dao Is a “Person” That Can Be Sued

As the rules and procedures are being developed through cases of first impression, thousands of DAOs and other crypto enthusiasts are watching the CFTC v. Ooki DAO legal battle for clues about how our legal system will treat...more

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