The Ethereum Foundation said that the tornado would donate $ 500,000 for the legal defense of the cash founder and developer Roman Storm, which faces allegations related to the allegations that he had conspired to run the crypto mixing service as a money transmitter.
In a Friday X post, foundation Said This will contribute $ 500,000 to protect the store, as well as matching an additional $ 750,000 in donations from the Crypto community.
The announcement was made about a month ago when the Storm is expected to test in New York for money laundering, conspiracy to operate an unlicensed money transmitter, and a conspiracy to violate US sanctions.
“Privacy is normal, and the writing code is not a crime,” the foundation said.
The criminal suit of the store comes when American officials appear to transfer their vision to regulate digital assets and prosecute related crimes.
Lawyer of Tornado Cash Developer Requested that the matter be dropped In December, a judge ruled that the US Treasury had exceeded its right to approve the smart contracts of the mixer under the control of foreign assets of the US Treasury. By Friday, the test is expected to begin on July 14.
“In 31 days, I face the test,” Said Storm in a Friday X post. “Doj wants to bury the Defi, saying that I should control it, never added KYC.
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Roman Semenov, another tornado cash developer who was named in the same prosecution as a storm, was still largely largely at the time of publication. Reports suggested that it might be hidden in Russia.
The third person Alexi Partev, a third person associated with tornado cash, was arrested in the Netherlands in 2022, which was immediately after the address associated with the address by the US mixing protocol. In May 2024, that was Money laundering found guilty And was sentenced to jail for more than five years.
The Etherium Foundation is similar $ 1.25 million promised For the defense fund of Pertsave, citing equal reasons about privacy and code.
https://www.youtube.com/watch?v=ef3wcss75qy
Support for storm from digital asset advocacy groups
The cases of Storm and other tornado cash developers have gained support from advocacy organizations and important data in the Crypto industry, called to release the allegations.
The lawyers of the Coin Center, Defee Education Fund and Blockchain Association have filed all amicus briefs in the case of storm, Providing information about potential results If he was convicted. Atherium co-founder Vitallic Butlerin and Matton founder Matt Huang are also Tornado contributed to cash co-founders Legal money.
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