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Crypto Prune > News > Crypto > Ethereum > Tornado Cash Support: Ethereum Foundation pledges $1 million to defend Storm, and the entity boosts Pertsev’s charm
Ethereum

Tornado Cash Support: Ethereum Foundation pledges $1 million to defend Storm, and the entity boosts Pertsev’s charm

7 months ago 3 Min Read

Roman Storm and Alexey Pertsev of Tornado Cash Developers received new support from the Crypto community for their respective attempts to deploy the open source code behind the mixer.

Ethereum Foundation on June 12th Donated $500,000 to Tornado Cash Legal defense of developer Lowmasters. That said it matches another $750,000 Public Contributors As a US money laundering case approaches trial.

storm Recognised A few minutes later, the pledge at X explains that it is important to “stopping up for privacy and coding rights.” This new commitment will bring backing to around $3 million that Storm’s total community cultivated, following a $1.25 million grant from the venture paradigm earlier this year.

Tornado cash developers are currently maintaining $2 million bail in Washington. Prosecutors arrested him on August 23, 2023, accusing him of conspiring to wash over $1 billion in code, including funds that North Korean Lazarus group moved.

The federal judge keeps the date of the ju judge on July 14, 2025 on the calendar.

Advocacy groups outline Pertsev

Netherlands, Coin Centre, defi Education Fund I submitted an amicus brief Supporting Tornado cash coder Alexei Pertef’s appeal of his money laundering beliefs. The filing argues that immutable smart contract code is a neutral tool and that taking responsibility for developers cools open source innovation.

Pertsev’s lawsuit had already portrayed the $1.25 million Ethereum Foundation Grant on February 26, which includes the same message “A message found on Storm’s funding drive.”

Dutch agents arrested Pertsev in Amsterdam on August 10, 2022, two days after the US Treasury approved tornado cash.

See also  The Trump family profited $320 million on Memecoin despite a 87% drop from day one

The judge tested him on March 25th and 26th, 2024, and sentenced him to 64 months on May 14th for promoting about $1.2 billion in laundry.

ofac Delisted Tornado Cash Smart Contract address On March 21, after the Court of Appeal ruled that the immutable code could not be approved as property. delete Relaxed token limits However, they did not end the parallel criminal cases against the developer.

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