Roman Storm asks for $1.5M lifeline as Tornado Cash trial presses on
Main Idea
Roman Storm, co-creator of Tornado Cash, is seeking an additional $1.5 million to cover legal costs as his trial progresses, with the crypto community already contributing over $3.9 million.
Key Points
1. Roman Storm requested another $1.5 million in a July 26 X post to cover escalating legal expenses, noting his team is working tirelessly.
2. The crypto community has donated over $3.9 million to Storm's legal defense, with the Ethereum Foundation contributing $750,000.
3. Storm's trial could set a precedent for criminalizing open-source software, as prosecutors allege he conspired to launder money through Tornado Cash.
4. Storm's defense argues Tornado Cash is a decentralized protocol, not a business, and cites 2019 FinCEN guidance supporting free speech protections.
5. Tornado Cash's other co-creators, Alexey Pertsev and Roman Semenov, have also faced legal issues, with Pertsev convicted and Semenov remaining at large.
Description
Tornado Cash co-creator Roman Storm has asked for additional financial support toward his legal defense as the landmark trial enters its third week.
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