Tornado Cash’s Roman Storm makes urgent plea for $500K as trial looms
2025-07-14 06:58:15
Main Idea
Tornado Cash co-founder Roman Storm is urgently seeking $500,000 in additional funds for his legal defense, with total legal costs projected at $3.5 million for his trial on money laundering and sanctions violations charges.
Key Points
1. Roman Storm, co-founder of Tornado Cash, faces charges of money laundering and sanctions violations and is raising funds for his legal defense.
2. The total legal costs for Storm’s trial are estimated at $3.5 million, up from an initial projection of $2 million, due to complex legal arguments and unforeseen witnesses.
3. As of now, $1.96 million has been raised, which is 57% of the $3.5 million goal.
4. The Ethereum Foundation has pledged $500,000 and will match community donations up to $750,000 to support Storm’s legal defense.
5. Judge Katherine Failla, overseeing the trial, ruled that the US Treasury’s sanctions against Tornado Cash, which were withdrawn in March, cannot be mentioned in the trial.
Description
Roman Storm’s trial on money laundering and sanctions charges begins on Monday, with $1.96 million raised to cover legal expenses so far.
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