{"id":40920,"date":"2025-08-07T09:17:08","date_gmt":"2025-08-07T09:17:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40920"},"modified":"2025-08-07T09:17:08","modified_gmt":"2025-08-07T09:17:08","slug":"guilty-verdict-sends-torn-price-crashing-15-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40920","title":{"rendered":"Guilty Verdict Sends TORN Price Crashing 15% \u2014 What\u2019s Next?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">TORN price dropped below $10 after the court decision, recording a 24% loss over seven days.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Active addresses spiked to 173 on August 6, likely driven by wallet activity during market sell-off.<\/span><\/li>\n<\/ul>\n<h2><b>Court Finds Tornado Cash Developer Guilty<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Roman Storm, a developer and co-founder of Tornado Cash, has been <a href=\"https:\/\/cryptopotato.com\/roman-storm-convicted-in-tornado-cash-case\/\" data-wpel-link=\"internal\">found<\/a> guilty of running an unlicensed money transmittal business. The verdict came from a federal jury in Manhattan on August 6, following four days of deliberations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the court <\/span><span style=\"font-weight: 400;\">reached<\/span><span style=\"font-weight: 400;\"> a decision on one felony charge. The jury did not reach agreement on two other charges tied to money laundering and sanctions violations. Storm now faces a sentence that could reach up to five years in prison.<\/span><\/p>\n<h2><b>TORN Price Falls After Court Ruling<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Notably, the price of Tornado Cash (TORN) dropped about 15% following the verdict. The token was trading at $10.3 at press time, with a 24-hour trading volume of roughly $1.7 million. It has lost nearly 18% in one day and around 24% over the past week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before the decision, analyst Papa Wheelie <\/span><a href=\"https:\/\/x.com\/mrpapawheelie\/status\/1952474766931288444\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">suggested<\/span><\/a><span style=\"font-weight: 400;\"> the token could dip if there was a guilty verdict. He noted that while downside was likely in that case, he expected the protocol itself to stay active and could recover in time.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24TORN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$TORN<\/a> dumped 15.4% today after Tornado Cash developer Roman Storm was found guilty of running an unlicensed money transmitter. <a href=\"https:\/\/t.co\/CBs98yCAI7\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/CBs98yCAI7<\/a><\/p>\n<p>\u2014 CoinGecko (@coingecko) <a href=\"https:\/\/twitter.com\/coingecko\/status\/1953311155230814236?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Indicators Show Continued Downward Pressure<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Price charts for the TORN\/USDT pair show strong selling. The Relative Strength Index (RSI) dropped to 32, approaching oversold conditions. It also moved below its signal line, which had been at 45.<\/span><\/p>\n<figure id=\"attachment_407593\" aria-describedby=\"caption-attachment-407593\" style=\"width: 2390px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-407593\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24.png\" alt=\"TORN price chart\" width=\"2390\" height=\"1120\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24.png 2390w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-300x141.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-1024x480.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-768x360.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-1536x720.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-2048x960.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/TORNUSDT_2025-08-07_12-00-24-50x23.png 50w\" sizes=\"auto, (max-width: 2390px) 100vw, 2390px\"><\/a><figcaption id=\"caption-attachment-407593\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Furthermore, the MACD indicator is also negative. Its line is under the signal line, and there are red bars in the histogram which are still increasing. Both indicators indicate active selling with no imminent indications of reversal.<\/span><\/p>\n<h2><b>Activity on Network Increases<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The number of active addresses on the Tornado Cash network rose sharply on August 6, reaching 173. This marked the highest level in the past month. It came as the price dropped below $10.<\/span><\/p>\n<figure id=\"attachment_407592\" aria-describedby=\"caption-attachment-407592\" style=\"width: 3200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-407592\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses.png\" alt=\"glassnode-studio_torn-number-of-active-addresses\" width=\"3200\" height=\"1800\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses.png 3200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-300x169.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-1024x576.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-768x432.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-1536x864.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-2048x1152.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/glassnode-studio_torn-number-of-active-addresses-50x28.png 50w\" sizes=\"auto, (max-width: 3200px) 100vw, 3200px\"><\/a><figcaption id=\"caption-attachment-407592\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">For most of July, the count stayed between 60 and 120 addresses. The spike in activity may be linked to users moving funds in response to the legal outcome. It likely reflects increased caution rather than new demand.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/guilty-verdict-sends-torn-price-crashing-15-whats-next\/\">Guilty Verdict Sends TORN Price Crashing 15% \u2014 What\u2019s Next?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business. TORN price dropped below $10 after the court decision, recording a 24% loss over seven days. Active addresses spiked to 173 on August 6, likely driven by wallet activity during market sell-off. Court Finds Tornado Cash Developer Guilty Roman [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40920","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40920"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40920\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}