Vitalik Buterin, co-founder of Ethereum, allocated 100 ETH to support Roman Storm, a developer associated with Tornado Cash. This marks Buterin's third donation to aid the community facing significant legal challenges.
Vitalik Buterin's Support
Roman Storm expressed his gratitude on X, acknowledging Buterin's continued support. Storm highlighted the importance of this aid, especially amid the ongoing legal difficulties faced by Tornado Cash.
Tornado Cash Legal Challenges
Tornado Cash has faced numerous legal challenges following sanctions by the US Office of Foreign Assets Control in 2022. The platform was accused of facilitating illegal transactions linked to North Korea’s Lazarus Group. Developers Roman Storm and Roman Semenov were arrested on charges related to this activity.
Current Ethereum Situation
As of now, Ethereum is trading at $2,471.1, reflecting a 1.28% increase. The current resistance level is around $2,562.47, while support is at $2,276.53.
Vitalik Buterin's donation is a significant demonstration of community solidarity during challenging times for the developers of Tornado Cash. Their legal issues remain a focal point within the crypto community, while technical analysts continue to monitor Ethereum's performance.