Vitalik Buterin Backs Tornado Cash Devs With $113K Donation

Vitalik Buterin Supports Tornado Cash Devs With 30 Eth Donation


Ethereum founder Vitalik Buterin has demonstrated his unwavering commitment to privacy in the cryptocurrency sector by donating 30 ETH worth approximately $113,000 to Tornado Cash developers Alexey Persev and Roman Storm's legal defense fund.

This donation underscores their cause and Buttery's commitment to privacy rights.

It confirms the donation of etherscan data

According to Eterscan data, Buterin donated to the “Free Perceive and Storm” defense fund on May 30 on the decentralized fundraising platform Juicebox. As of this writing, the fund has accumulated 591 ETH and $2.2 million to support the developers' legal battles.

Amount of ETH for legal defense fund support for Alessi Percev and Roman Storm. Source: Juicebox

Perceive and Tornado have faced serious legal challenges for their involvement with TornadoCash, a crypto privacy protocol. A Dutch court sentenced Percev to 64 months in prison for funneling $1.2 billion in Tornado cash between July 2019 and August 2022. He appealed the verdict at the Hertogenbosch Court of Appeal in the Netherlands. Meanwhile, Storm has been jailed in the US since 2023, with his trial scheduled for September.

Tokenmetrics

Vitalik Buterin has consistently advocated for privacy in the crypto space. He has published several papers and opinion pieces on improving privacy on Ethereum, bolstering support for tools such as Tornado Cash. In a recent fireside chat, Buterin reiterated his views on privacy.

“I support people working on privacy issues. I hope things are moving in a positive direction in the ecosystem. And you know, I also hope that governments will see the value of this,” Buterin explained.

Read more: Tornado Cash: Everything you need to know

Ethereum founder Buterin's donation to Tornado Cash developers demonstrates his commitment to privacy rights. He hopes for the development of advanced privacy tools, highlighting their importance in the digital age. Buterin's unwavering support and advocacy will bring privacy to a critical role in the future of digital transactions.

Disclaimer

Adhering to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This newsletter aims to provide accurate and up-to-date information. However, readers are advised to independently verify facts and consult with experts before making any decisions based on this content. Please note that our terms and conditions, privacy policies and disclaimers have been updated.

Leave a Reply

Pin It on Pinterest