A co-founder of Tornado Cash, a digital-currency “mixing” service that was used by North Korean cybercriminals to launder stolen funds, was convicted of one of the three criminal charges he had faced,

A co-founder of Tornado Cash was convicted of conspiring to run an unlicensed money-transfer operation that laundered more than $1 billion through the crypto platform in a closely watched case with sweeping implications for open-source development and blockchain privacy.

A federal jury found crypto developer Roman Storm guilty of operating an unlicensed crypto business but cleared him of sanctions violations and deadlocked on a money laundering charge.