Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Vitalik Buterin contributes 30 ETH to Juicebox-created legal fund for Tornado Cash developers

Vitalik Buterin contributes 30 ETH to Juicebox-created legal fund for Tornado Cash developers

The BlockThe Block2024/05/30 07:47
By:The Block

Vitalik Buterin donated 30 ETH ($111,000) to a legal defense fund for Tornado Cash developers via Juicebox. The fund, created via Juicebox, has so far raised 591 ETH ($2.2 million) to legally support Alexey Pertsev and Roman Storm.

Ethereum co-founder Vitalik Buterin appears to have donated 30 ETH ($111,000) to a legal defense fund for Tornado Cash developers Alexey Pertsev and Roman Storm via the decentralized fundraising platform Juicebox, on-chain data shows.

A transaction from an address associated with Buterin, named vitalik.eth, was made at 1:58 am EST to the “ Free Alexey Roman ” legal fund on Juicebox.  

The fund has so far raised 591 ETH ($2.2 million) to provide legal help to the developers of the crypto mixer Tornado Cash, who face money laundering charges. 

This month, Dutch courts sentenced Alexey Pertsev to 64 months in prison for his role in processing $1.2 billion through the crypto mixer from July 2019 to August 2022, concluding he facilitated money laundering.

The U.S.-sanctioned mixer obfuscates transactions on the Ethereum blockchain, allowing users to hide their on-chain trails.

Roman Storm, another developer involved with Tornado Cash, remains detained in the U.S. since his arrest in 2023, with his trial scheduled for September.

In 2022, Buterin donated 10 ETH (valued at $30,980 at that time) to AssangeDAO — a legal fund on Juicebox to support WikiLeaks founder Julian Assange.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Is the Ethereum Price Crash Over? Here’s Where Its Headed Next

ETH's strong bounce from its 200DMA and potential Doji candle formation suggest the worst of the downside could be over.

CryptoNews2024/12/21 19:22

Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong?

At intra-day lows, ADA had dumped over 40% since its recent highs. But the worst might already be over, and 2025 could bring new highs.

CryptoNews2024/12/21 19:22

If the Bitcoin Reserve Bill is passed, it may bring an end to the cryptocurrency's four-year boom-bust cycle.

Bitcoin's price trend will no longer be as influenced by internal mechanisms such as halving, but rather more affected by external factors such as institutional adoption and geopolitical events.

BlockBeats2024/12/21 12:00