Tornado Cash Dev Pertsev plans to collect 1 million dollars
Tornado Cash developer Alexey Persev is actively seeking funding to continue his legal battle in the Netherlands.
In the year On August 10, Percev officially asked for funding through a video on social media platform X (formerly Twitter).
Tornado Cash Dev wants to raise $1 million
Persev, who was sentenced to five years in prison, plans to raise between $750,000 and $1 million to cover his legal costs. The support account on X confirmed the appeal, highlighting the significant resources behind the government's case against him.
The campaign urges supporters to donate Ethereum through a fundraising juicebox. The campaign group emphasizes that Perceive is fighting for its freedom and the wider development of privacy and open source.
“If developers believe they won't face jail time for their code, please consider donating ETH,” said the Juicebox campaign.
Read more: Tornado Cash: Everything you need to know
Early reactions from the crypto community are promising. The “Defender Alexie” fundraiser on Juicebox has already raised 15.35 Ethereum, more than $40,000. In addition, privacy researcher Ameen Soleimani launched a limited collection of NFTs to support Perceive's legal defense.
These fundraising efforts build on previous support from the crypto community. In particular, the founder of Ethereum, Vitalik Buterin, donated more than $ 100,000 to support Percev and its partner Roman Store, which was previously held in the US.
Privacy advocates and the blockchain community have closely scrutinized Perceive's case, worried about the broader implications for developers if others misuse their code. Daniel Buchner, head of Blockchain's decentralized identity, criticized the idea that developers should be held criminally or civilly liable for misusing their open source software.
“Alex's code is primarily used for shitcoins. It's irrelevant. Everyone who cares about justice and human freedom should fight the crazy and authoritarian idea that people who use open source software in a way that the government doesn't like makes the developer criminally/civilly liable.” ” said Buchner.
Read more: Top 7 Privacy Coins in 2024
Meanwhile, regulators around the world have increased scrutiny of privacy protocols over the past year. It is argued that terrorist organizations and rogue states like North Korea use these technologies to hide illegal digital assets.
As a result, the US government has initiated legal actions against several crypto privacy service providers, including the founders of Zamora Wallet, for violating local laws.
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