• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Support for Tornado Cash Developers in Legal Battle

user avatar

by Giorgi Kostiuk

2 years ago


Crypto Community Rallies Behind Tornado Cash Devs

Major figures in the cryptocurrency sphere are offering their backing to the Tornado Cash developers as they navigate legal hurdles.

Criticism of Legal Sentencing

CEO of Nym, Harry Halpin, expressed strong opposition towards the 64-month sentence handed down by a Dutch court to Alexey Pertsev. This sentence was deemed by Halpin as "radically unfair and unreasonable." Adding to the support, Vitalik Buterin, the co-founder of Ethereum, contributed $113,000 in ETH to aid in the legal defense efforts for Pertsev and Roman Storm.

Halpin's Standpoint

Halpin elaborated on the perceived injustice of Pertsev's sentence, labeling it as disproportionate. He highlighted the court's decision to penalize Pertsev based on the actions of individuals in North Korea utilizing his software. Drawing analogies, Halpin equated this situation to imprisoning Richard Stallman, the creator of Linux, for the actions of users in North Korea, or prosecuting Bill Gates for potential misuse of stolen copies of Windows.

Disappointment with the Legal System

Expressing disappointment, the Nym CEO raised concerns over the failure of the Dutch court to draw insights from global precedents. The post emphasizes the solidarity displayed within the cryptocurrency community in support of the Tornado Cash developers during their legal battle.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Smarter Web Company Sells Bitcoin to Repay Debt

chest

The Smarter Web Company sold part of its Bitcoin treasury to repay an $11.7 million convertible debt facility, prioritizing balance sheet flexibility over equity dilution.

user avatarBayarjavkhlan Ganbaatar

BancaStato Brings Crypto Trading to Traditional Banking

chest

BancaStato partners with Sygnum and Avaloq to integrate cryptocurrency trading into its banking services, allowing clients to buy, hold, and sell digital assets directly through the bank's platforms.

user avatarMohamed Farouk

Injective Seeks SEC Approval to Become a Transfer Agent

chest

Injective has filed Form TA1 with the SEC to register as a transfer agent, aiming to support regulated real-world asset infrastructure on-chain.

user avatarElias Mukuru

The Critical Role of Transfer Agents in Financial Markets

chest

Transfer agents are crucial for maintaining securities ownership records and facilitating transfers, especially as markets transition to on-chain solutions.

user avatarDiego Alvarez

dYdX Chains v51 Upgrade Enhances Market Flexibility with Smart Contracts

chest

The v51 upgrade of dYdX Chains allows users to launch perpetual markets without governance intervention, enhancing market flexibility.

user avatarKenji Takahashi

Sui's Confidential Transactions Aim for Selective Confidentiality

chest

Sui is exploring a selective confidentiality model for its confidential transactions, allowing sender and recipient addresses to remain visible while hiding amounts and balances, addressing privacy concerns for businesses.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.