TL;DR
- Twister Money developer Roman Storm was discovered responsible of working an unlicensed cash service enterprise.
- TORN worth dropped under $10 after the courtroom determination, recording a 24% loss over seven days.
- Lively addresses spiked to 173 on August 6, seemingly pushed by pockets exercise throughout market sell-off.
Courtroom Finds Twister Money Developer Responsible
Roman Storm, a developer and co-founder of Twister Money, has been discovered responsible of operating an unlicensed cash transmittal enterprise. The decision got here from a federal jury in Manhattan on August 6, following 4 days of deliberations.
In the meantime, the courtroom reached a call on one felony cost. The jury didn’t attain settlement on two different costs tied to cash laundering and sanctions violations. Storm now faces a sentence that would attain as much as 5 years in jail.
TORN Value Falls After Courtroom Ruling
Notably, the worth of Twister Money (TORN) dropped about 15% following the decision. The token was buying and selling at $10.3 at press time, with a 24-hour buying and selling quantity of roughly $1.7 million. It has misplaced practically 18% in at some point and round 24% over the previous week.
Earlier than the choice, analyst Papa Wheelie steered the token might dip if there was a responsible verdict. He famous that whereas draw back was seemingly in that case, he anticipated the protocol itself to remain lively and will get well in time.
$TORN dumped 15.4% right now after Twister Money developer Roman Storm was discovered responsible of operating an unlicensed cash transmitter. pic.twitter.com/CBs98yCAI7
— CoinGecko (@coingecko) August 7, 2025
Indicators Present Continued Downward Stress
Value charts for the TORN/USDT pair present robust promoting. The Relative Power Index (RSI) dropped to 32, approaching oversold circumstances. It additionally moved under its sign line, which had been at 45.
Moreover, the MACD indicator can also be adverse. Its line is underneath the sign line, and there are crimson bars within the histogram that are nonetheless rising. Each indicators point out lively promoting with no imminent indications of reversal.
Exercise on Community Will increase
The variety of lively addresses on the Twister Money community rose sharply on August 6, reaching 173. This marked the best degree previously month. It got here as the worth dropped under $10.
For many of July, the rely stayed between 60 and 120 addresses. The spike in exercise could also be linked to customers transferring funds in response to the authorized consequence. It seemingly displays elevated warning slightly than new demand.
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