Key notes
- This decision highlights the position of the Ethereum Foundation that confidentiality is normal, and code writing is not a crime.
- Roman Storm faces accusations of money laundering, exploitation of a silver transmitter without license and to violate us
- Sanctions, with the next trial scheduled for July 14.
- The Tornado Cash accused the Doj of having hampered his trial by rejecting five of the six expert witnesses proposed.
The Ethereum Foundation has announced that it would make a donation of $ 500,000 to support the legal defense of the founder of Tornado Cash Roman Storm. Storm is currently faced with accusations concerning allegations according to which he directed the crypto mixture services to Tornado Cash as a silver issuer without license.
Ethereum Foundation to correspond to donations from the cryptographic community
In addition to promising $ 500,000, the Ethereum Foundation said it could also equal $ 750,000 in additional donations in the cryptographic community. In a message on the X platform, the foundation wrote:
“The EF makes a donation of $ 500,000 to the legal defense of Roman Storm, and we will correspond to an additional $ 750,000 of donations from the community. Confidentiality is normal, and writing code is not a crime. ”
The Roman Storm trial will start on July 14 in New York, while faced accusations of money laundering, a conspiracy in order to violate American sanctions and a conspiracy in view of a silver issuer without license.
Interestingly, this audience occurs while the cryptographic regulatory landscape in America is subject to a major change with friendly policies from the Trump administration. But despite the positive developments, the president of the CFTC, Caroline Pham, said that she would not leave it by attacking criminal activities.
Roman Storm’s legal team moved to reject all the accusations in December 2024 after a judge ruled that the control of assets of foreign assets of the US Treasury had exceeded its authority by sanctioning the intelligent contracts of Tornado Cash. Earlier this year, the virtual capital company Paradigm has also invested $ 1.25 million in the legal defense of the founder of Tornado Cash.
The founder of Tornado Cash says that the Doj blocks the main witnesses
Roman Storm said that the United States Ministry of Justice (DoJ) hinders its defense by rejecting five out of six expert witnesses which he proposed for his next trial.
Among the witnesses, the expert in blockchain Matthew Edman was the only partially accepted. However, Storm said that the DOJ has imposed serious restrictions on Edman’s testimony. This further limits its ability to provide critical information on blockchain technology. He said that the Doj planned to end the decentralized finance market (DEFI). In a message on the X platform, Storm noted:
😔💔 I am Roman Storm. I shed my soul into tornado money – non -guardian software, without confidence, without authorization, immutable, unstoppable. In 31 days, I face a trial. The Doj wants to bury Defi, saying that I should have checked it, added KYC, never built it. SDNY tries to crush …
– Roman storm 🇺🇸️ (@Stormsf) June 13, 2025
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Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
