Ethereum Foundation Pledges $500K for Roman Storm Appeal
The Ethereum Foundation said it will match up to $500,000 in donations to help fund Roman Storm’s appeal after the Tornado Cash co-founder was found guilty of operating an unlicensed money transmission business earlier this week.
What’s the Scoop?
- Matching Funds: The foundation committed to matching donations up to $500K for Storm’s legal defense. Vitalik Buterin amplified the announcement, saying “privacy is normal, and writing code is not a crime.”
- Partial Verdict: A New York jury convicted Storm on one charge while deadlocking on money laundering and sanctions-related counts. His team is preparing an appeal.
- Potential Stakes: If Storm loses the appeal, he could face up to five years on the current conviction.