The Ethereum Foundation announced a contribution of $500,000 towards the legal defense of Roman Storm, co-founder of Tornado Cash, who is facing criminal charges in the United States.
Support from Ethereum Foundation
The Ethereum Foundation (EF) donated $500,000 for Roman Storm's legal defense. They argued that criminalizing him for advocating privacy through coding is unjust.
Legal Charges Against Roman Storm
Roman Storm is facing three main charges including conspiracy to commit money laundering, operating an unlicensed money transmitting business, and violating the International Economic Emergency Powers Act (IEEPA). The trial is scheduled for July 14, 2025.
Implications of the Case for DeFi
The case against Storm has attracted significant attention within the DeFi community, as its outcome could impact the future growth of the cryptocurrency market.
The situation surrounding Roman Storm and his legal case holds serious implications for DeFi and digital privacy rights. The coming months will be pivotal for the future of the cryptocurrency market.
