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Vitalik Buterin Gives Tornado Cash Legal Team $100K

The Ethereum co-founder has donated to the Tornado Cash legal fund now worth over $2.2 million

May 30, 2024 01:50 PM

Reading time: 1 minute, 54 seconds

TL;DR Etherscan data reveals that Vitalik Buterin donated to the 'Free Pertsev and Storm' defense fund on the decentralized fundraising platform Juicebox. The fund has raised 591 ETH worth $2.2 million as of press time. This move highlights the growing support for these developers within the crypto community.

Buterin's Support for Crypto Privacy

Etherscan data shows that Vitalik Buterin donated to the 'Free Pertsev and Storm' defense fund on the decentralized fundraising platform Juicebox early today, May 30.

As of press time, the fund had raised 591 ETH, worth $2.2 million. Buterin's donation is unsurprising, considering he has been a prominent advocate for crypto privacy tools and a consistent user of such platforms.

Legal Troubles for Tornado Cash Developers

Over the past year, Alexey Pertsev and Roman Storm, the Tornado Cash privacy protocol developers, have faced legal troubles for their association with the crypto mixer.

Earlier this month, a Dutch court sentenced Pertsev to 64 months in prison for laundering approximately $1.2 billion through the Tornado Cash crypto mixer between July 2019 and August 2022.

However, the developer has reportedly appealed against the judgment at the s-Hertogenbosch Court of Appeal in the Netherlands. Similarly, Storm has been detained in the US since 2023, and his trial is scheduled for September.

Growing Community Support

Buterin's donation reflects the growing support the developers continue to enjoy within the crypto community.

Last month, three blockchain advocacy groups filed amicus curiae briefs to defend Storm against criminal charges in the US, supporting his efforts to dismiss the charges.

Moreover, US lawmakers Senators Cynthia Lummis and Ron Wyden have also challenged the Department of Justice's (DOJ) attempt to expand the definition of a money-transmitting business to include non-custodial crypto asset software services like Tornado Cash.

They argued that such broad definitions would stifle innovation and shake confidence in the DOJ's respect for the rule of law.

'The broad definitions would stifle innovation and shake confidence in the DOJ's respect for the rule of law,' said Senators Lummis and Wyden.

Proposals for Developer Support

Additionally, several crypto projects are considering proposals to support developers. Discussions about potential donations are ongoing on Optimism, Aave, MakerDAO, YearnFi, Alchemix, and Uniswap forums. These discussions emphasize the importance of community support in facing legal challenges.

The Road Ahead

The legal battles faced by Pertsev and Storm highlight the complexities and challenges within the crypto space. The support from prominent figures like Buterin and the broader community underscores the ongoing commitment to privacy and innovation.

As these cases progress, the outcomes will likely have significant implications for the future of crypto privacy tools and the regulatory landscape.

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