Battle For Freedom: Tornado Cash Founder Seeks $1.5M In Donations Ahead Of Trial
2025-07-15 08:51:07
Main Idea
Tornado Cash co-founder Roman Storm is seeking $1.5M in donations to cover escalating legal fees for his upcoming trial, as the crypto community rallies to support his defense.
Key Points
1. Roman Storm, co-founder of Tornado Cash, needs $500,000 in the next few days and $1.5M within weeks to cover legal fees, expert witnesses, and research for his trial starting July 14.
2. Tornado Cash was sanctioned by OFAC in August 2022 for allegedly failing to prevent money laundering, including $455M by North Korea’s Lazarus Group.
3. Storm was detained in August 2023 and faces charges including money laundering; if convicted, he could face up to 45 years in prison.
4. The crypto community has contributed to Storm’s defense, including a $150,000 donation from Golem Foundation and $1.25M from Paradigm.
5. As of now, Storm has raised $2.12M (61% of his $3.5M goal) for his legal defense fund.
Description
Tornado Cash co-founder Roman Storm has called the crypto community and privacy advocates to help him raise an additional $1 million in the coming weeks to continue his legal defense and the battle for privacy tools. Tornado Cash Founder Faces Fundraising Shortfall The co-founder of crypto mixer Tornado Cash, Roman Storm, has updated his fundraising target and is pushing to raise over $1 million to continue funding his legal battle. Over the weekend, Storm revealed that his team is facing a “cri...
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