Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund

Ethereum co-creator Vitalik Buterin donates 100 ETH to strengthen Twister Money developer Roman Storm’s authorized protection fund.

In a brand new thread on social media platform

“I can not describe how a lot it means to me. Thanks to your long-term help.”

Based on the Free Pertsev & Storm

In 2022, the US authorities permitted the coin tumbler, citing nationwide safety issues. On the time, the Workplace of Overseas Belongings Management (OFAC) stated that greater than $7 billion in digital property had been laundered by the protocol since its launch, together with funds moved by the North Korean hacking community the Lazarus Group.

The protocol’s builders have been subsequently charged, together with Storm, who was arrested final yr together with Roman Semenov, one other Twister Money developer, for allegedly serving to the Lazarus Group launder unlawful funds.

The authorized fund, hosted on decentralized fundraising platform Juicebox, has raised over $800,000 in Ethereum on the time of writing. The individuals behind the fundraiser say Storm’s authorized charges have risen to $500,000 a month, and he might have one other $2 to $3 million to shut the case.

In Could, it was revealed that Buterin despatched 30 ETH, value $113,678 on the time, to Storm and Pertsev’s fund. Final month, a choose within the Netherlands sentenced Pertsev to greater than 5 years in jail for serving to to arrange a platform that enables dangerous actors to launder the proceeds of prison actions.

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Featured picture: Shutterstock/Liu zishan/Satheesh Sankaran