The Ethereum Foundation has allocated a significant sum to support the legal defense of Alexey Pertsev, a developer of Tornado Cash, convicted of money laundering in the Netherlands. Pertsev plans to appeal the conviction, and this donation will allow him to focus on the process.
Support from Ethereum Foundation
The Ethereum Foundation announced a $1.25M donation to support the legal defense of Alexey Pertsev. In an X platform post, the Foundation emphasized the importance of privacy and that writing code is not a crime.
Pertsev's Response to Support
Pertsev expressed his gratitude for the support from the Ethereum Foundation, emphasizing that he can now fully concentrate on preparing his appeal. "This means the world to me," Pertsev said.
Legal Case Progress
The donation came weeks after Pertsev was released from custody pending trial. He was arrested by Dutch authorities in August 2022 and convicted of money laundering in May 2024, receiving a sentence of five years and four months in prison.
The Ethereum Foundation's donation allows Alexey Pertsev to focus on his appeal. Further developments will be covered as they unfold.
