Crypto NewsAltcoinSecond Donation from Ethereum to This Altcoin in Trouble!

Second Donation from Ethereum to This Altcoin in Trouble!

The Ethereum Foundation has announced a $1.25 million donation to support the legal defense of Tornado Cash developer Alexey Pertsev.

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In 2022, Tornado Cash was blacklisted by the US Treasury Department and its founders Alexey Pertsev and Roman Storm were arrested. While the legal battle of the Tornado Cash founders, who were accused of money laundering, continues, support came from the Ethereum Foundation.

At this point, the Ethereum Foundation announced that it will donate $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev. This donation once again showed that Pertsev is not alone in his legal battle and that the cryptocurrency community stands by Pertsev.

“The Ethereum Foundation is donating $1.25 million to Alexey Pertsev's legal defense.

Privacy is normal and coding is not a crime.”

Ethereum kurucu ortağı Vitalik Buterin de bu bağışa destek olduğunu belirterek “Privacy is normal and coding is not a crime.” dedi.

Vitalik Buterin has previously donated to Tornado Cash founders Alexey Pertsev and Roman Storm for their legal battles. According to the data, Buterin’s address vitalik.eth donated 30 ETH worth around $113,000.

Related News  Donation from Ethereum Co-Founder Vitalik Buterin to the Struggling Altcoin!

Cryptocurrency investment firm Paradigm also announced in January that it donated $1.25 million to Roman Storm's defense.

Alexey Pertsev, one of the developers of Tornado Cash, was sentenced to 64 months in prison in the Netherlands on charges of money laundering.

*This is not investment advice.

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