Roman Storm, co-founder of the crypto mixing service Tornado Cash, has announced an urgent need for funding ahead of his legal trial regarding money laundering and sanctions violations.
Roman Storm's Legal Case
Roman Storm was arrested in August 2023 on charges of money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions. He faces up to 45 years in prison if found guilty.
Funding Requirements and Details
Storm mentioned in his post that he needs to raise $500,000 within the next few days, followed by another $1 million for his defense. His legal team projected total costs to reach $3.5 million.
Community Support
As of now, Roman Storm has managed to raise $1.96 million, approximately 57% of the goal. The Ethereum Foundation announced a $500,000 donation and will match community donations up to $750,000.
Roman Storm's situation has garnered community support, highlighting the importance of software development freedom and protection against government overreach.