CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund

October 7, 2024
in Regulations
Reading Time: 2 mins read
A A
0
Cryptocurrency Advocacy Group Says Regulators Overstepped Authority by Sanctioning Tornado Cash
0
SHARES
4
VIEWS
ShareShareShareShareShare

Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm.

In a new thread on the social media platform X, Storm – who helped launch the anonymous ETH-based crypto mixing protocol in 2019 – expresses his gratitude to Buterin for his continued support.

“I can’t describe how much it means to me. Thank you for your long-lasting support.”

According to the Free Pertsev & Storm X account, the most recent donation marks the third time Buterin has shown his support for the beleaguered Tornado Cash developers.

In 2022, the US government sanctioned the coin tumbler, citing national security concerns. At the time, the Office of Foreign Assets Control (OFAC) said that over $7 billion worth of digital assets had been laundered through the protocol since its launch, including funds moved by the North Korean hacking network the Lazarus Group.

The developers of the protocol were subsequently charged, including Storm, who was arrested last year alongside Roman Semenov, another developer of Tornado Cash, for allegedly helping the Lazarus Group launder illicit funds.

The legal fund, hosted on the decentralized fundraising platform Juicebox, has raised over $800,000 in Ethereum at time of writing. The people behind the fundraising effort say Storm’s legal expenses have soared to $500,000 per month, and he may need an additional $2 to $3 million to follow through with the case.

In May, it was unveiled that Buterin sent 30 ETH, worth $113,678 at the time, to Storm and Pertsev’s fund. Last month, a judge in the Netherlands sentenced Pertsev to over five years in prison for helping to create a platform that allows bad actors to launder proceeds of criminal activity.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Liu zishan/Satheesh Sankaran


Credit: Source link

RELATED POSTS

SEC fight over tokenized stocks could decide whether Wall Street keeps control

Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center

SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Chainlink Price Set to Surge, but Analysts Believe This Coin Could Be the Next Big Thing

Next Post

Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations

Related Posts

SEC fight over tokenized stocks could decide whether Wall Street keeps control
Regulations

SEC fight over tokenized stocks could decide whether Wall Street keeps control

April 7, 2026
Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center
Regulations

Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center

March 30, 2026
SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed
Regulations

SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

December 8, 2025
Next Post
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations

Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations

BlockDAG Secures $10M in Presale After Testnet Triumph, While BNB and Shiba Inu Show Diverging Market Trends

BlockDAG Secures $10M in Presale After Testnet Triumph, While BNB and Shiba Inu Show Diverging Market Trends

Recommended Stories

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

April 11, 2026
Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Polkadot’s flagship sub0 conference is ground zero for ecosystem’s landmark overhaul

    0 shares
    Share 0 Tweet 0
  • Binance Lists Altcoin Built on Polkadot (DOT), Plus An Additional Crypto Asset On Terra (LUNA)

    0 shares
    Share 0 Tweet 0
  • Crypto ETFs Take Center Stage: Nearly Half of Charles Schwab Investors Eye Digital Assets

    0 shares
    Share 0 Tweet 0
  • ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.