The post Ethereum Foundation Steps In to Back Tornado Cash Co-Founder’s Legal Fight appeared on BitcoinEthereumNews.com.

Crime The legal battle over Tornado Cash co-founder Roman Storm has taken a new turn, with the Ethereum Foundation pledging to match community donations up to $500,000 to fund his appeal. The pledge, amplified by Ethereum co-founder Vitalik Buterin, comes amid mounting concerns over the implications of his conviction for software developers worldwide. Storm was recently found guilty in New York of running an unlicensed money transmission operation. Jurors were unable to agree on money laundering and sanctions-related counts, but prosecutors have accused him of enabling more than $1 billion in illicit transactions, including funds allegedly tied to North Korea’s Lazarus Group. His legal team plans to challenge the verdict, while advocacy group Free Pertsev & Storm warns that if the appeal fails, Storm could face years behind bars — or decades if other charges are retried. Supporters argue the case sets a dangerous precedent, blurring the line between writing open-source code and running a custodial financial service. DeFi advocacy groups maintain that developers should not be held liable for how others use noncustodial, peer-to-peer software. As the fundraising effort grows, many in the crypto space see the outcome as a defining moment for privacy tech and decentralized finance. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all…

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Filed under: News - @ August 8, 2025 10:33 am