The post GoFundMe shuts down Tornado Cash legal defense crowdfunding appeared on BitcoinEthereumNews.com.

The crowdfunding for the Tornado Cash legal battle was canceled by GoFundMe, citing a breach of terms of service. All contributions made to the fundraiser were returned to the respective donors. American crowdfunding platform GoFundMe canceled a fundraiser dedicated to collecting legal fees for the co-founder of controversial cryptocurrency mixer Tornado Cash, Roman Storm, and its developer, Alexey Pertsev.  On Jan. 22, Storm released a video asking community members to fund the legal fees for its court battle against the United States authorities for allegedly facilitating the bypass of U.S. sanctions. He pledged to send his original contribution of $10,000 back to Storm using cryptocurrencies. GoFundMe confirmed that the funds will arrive in the donor’s bank accounts in three to seven business days. Read more Source: https://cointelegraph.com/news/gofundme-tornado-cash-defense-crowdfunding

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Filed under: News - @ February 17, 2024 11:12 am