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

Vitalik Buterin's Support for Tornado Cash Creator

user avatar

by A1

3 months ago


Vitalik Buterin has once again supported Tornado Cash creator Roman Storm by donating 100 Ether for his legal defense.

Vitalik Buterin's Donation

Ethereum co-founder Vitalik Buterin has donated 100 Ether, valued at approximately $240,000, to the legal defense fund for Tornado Cash developer Roman Storm. This marks the third donation from Buterin. According to the Defend Roman Storm page, over 327 ETH has been gathered from 148 different payments. Roman Storm expressed his gratitude for Buterin's support.

I can't describe how much it means to me. Thank you for your long-lasting support.

Roman Storm Case Continues

On September 26, 2024, U.S. Judge Katherine Failla denied Roman Storm's motion to dismiss, allowing the case to proceed. Storm pleaded not guilty, asserting Tornado Cash is open-source software available to anyone. If convicted, he faces up to 45 years in prison. In June 2024, JusticeDAO was formed to raise funds for his defense, collecting over 654 ETH.

Sanctions Can't Stop Tornado Cash

Despite OFAC sanctions and U.S. legal pressure, deposits into the Tornado Cash mixer reached around $1.9 billion in the first half of 2024, a 50% increase from the previous year. Sanctions are effective only if Tornado Cash users choose to route funds through OFAC-compliant centralized exchanges with KYC controls and target addresses.

Despite challenges, Tornado Cash continues to attract deposits, while Vitalik Buterin remains a prominent supporter.

0

Share

Other news

New Meme Coins Overview: BTFD Coin and 2024's Leading Tokens

The meme coin market is rapidly growing. Explore BTFD Coin and other key projects of 2024.

user avatarA1

a few seconds ago

How TRX and Kaspa are gaining momentum in the crypto market as 2025 approaches

TRX and Kaspa rise in the crypto market. Investors turn to ChangeNOW for security and transaction convenience.

user avatarA1

a few seconds ago

Litecoin and Tron: Leaders Among Altcoins in 2025

Litecoin and Tron show growing activity, suggesting potential market strength in 2025.

user avatarA1

a minute ago

Ethereum: Price Forecast for the End of the Week

Ethereum is declining: potential support test at $3,252. Find out what to expect by the end of the week.

user avatarA1

a minute ago

Nigeria Imposes Strict Laws on Crypto Influencers

The Nigerian SEC introduces new regulations for crypto influencers' activities.

user avatarA1

a minute ago

Alphractal Analytics: Impact of Funding Rate on Bitcoin Price

Alphractal examines the link between futures Funding Rate and Bitcoin price, revealing intriguing deviations.

user avatarA1

2 minutes ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

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.