Ethereum Foundation establishes $1.25 million legal defense fund to support Tornado Cash co-founder Roman Storm
Odaily Planet Daily reports that the Ethereum Foundation has announced it will provide up to $1.25 million in funding to support Tornado Cash co-founder Roman Storm’s legal defense, including $500,000 in direct aid and up to $750,000 in community matching donations. Roman Storm is scheduled to stand trial in U.S. federal court on July 14, facing charges of operating an unlicensed money transmission business, money laundering, and violating sanctions. The Foundation emphasized that “privacy is normal, and writing code is not a crime,” framing this move as a key stance in support of open source and Web3 privacy freedoms. Previously, Vitalik Buterin donated 50 ETH to support Storm’s defense.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.


Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock

S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks
After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.

