Ethereum Foundation Pledges $500K to Roman Storm’s Defense
15 Articles
15 Articles
Tornado Cash Founder Roman Storm Stands Trial Next Month for Money Laundering Charges
Roman Storm, co-founder of Tornado Cash, is set to stand trial on July 14 at a Manhattan Federal Court, facing charges of conspiring to launder money and operating an unlicensed money transmitter. Tornado Cash is a cryptocurrency-mixing service that allows users to increase their privacy, but also enables hackers to launder proceeds from exploited platforms. The Ethereum Foundation (EF) has voiced its support for Storm, commenting on X that priv…
Ethereum Foundation Backs Roman Storm With $500K Ahead of Trial
The Ethereum Foundation has donated $500,000 to support Tornado Cash co-founder Roman Storm’s legal defense ahead of his July trial on money laundering and sanctions charges. Storm, arrested in August 2023, faces accusations of enabling criminals—including North Korea’s Lazarus Group—to launder over $1 billion through the ethereum ( ETH) privacy tool. Privacy advocates argue that... The post Ethereum Foundation Backs Roman Storm With $500K Ahead…
Tornado Cash Developer Says DOJ Is Blocking Fair Trial - Coin Surges
The post Tornado Cash Developer Says DOJ Is Blocking Fair Trial appeared first on Coinpedia Fintech News Roman Storm, the co-founder of Tornado Cash, is facing major hurdles ahead of his July 14 trial. Storm says that the U.S. Department of Justice is making it hard for him to defend himself in court. He had called six expert witnesses to support his defense, but the DOJ rejected five entirely and placed strict limits on the sixth, blockchain e…
CoinStats - Tornado Cash Developer Says DOJ Is Blocking F...
The post Tornado Cash Developer Says DOJ Is Blocking Fair Trial appeared first on Coinpedia Fintech News Roman Storm, the co-founder of Tornado Cash, is facing major hurdles ahead of his July 14 trial. Storm says that the U.S. Department of Justice is making it hard for him to defend himself in court. He had called six expert witnesses to support his defense, but the DOJ rejected five entirely and placed strict limits on the sixth, blockchain e…
Ethereum Foundation Donates $500K To Defend Tornado Cash Developer Ahead Of Trial » News.ng
The Ethereum Foundation has pledged $500,000 toward the legal defence of Roman Storm, co-founder and developer of Tornado Cash, who is set to stand trial on July 14, 2025. This pledge brings the total defence fund to $1.25 million, with $750,000 already raised by the crypto community to support Storm. Storm faces charges of conspiring to operate an unlicensed money-transmitting business and violating U.S. sanctions by developing and maintaining …
Ethereum Foundation Donates $500k To Roman Storm Ahead Of Next Month’s Trial - Data Intelligence
The Ethereum Foundation (EF) has donated $500k towards the legal defense of Roman Storm, a co-founder of Tornado Cash, who was charged by the United States. The EF argued that Storm should not be criminalized for advocating for privacy through writing a mere computer code. Notably, the United States Office of Foreign Assets Control (OFAC) lifted its sanctions against Tornado Cash on March 21, 2025, following a legal reversal by the Fifth Circuit…
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