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Ethereum Foundation (EF) Throws Support Behind Convicted Tornado Cash Co-Founder


by Coin Edition
for CoinEdition
The Ethereum Foundation (EF) announces a $500k donation match for the legal defense of Tornado Cash's Roman Storm.
  • The Ethereum network stands to lose more if Roman Storm loses in the trial and appeal processes.
  • Ethereum Foundation has advocated for privacy and freedom to code but the U.S. government has argued that the Tornado Cash developers committed offenses via omission.
  • Vitalik Buterin has since cautioned on the heavy leveraging of Ether treasury companies.

The Ethereum Foundation (EF) has offered to match up $500k in donations from the public in a bid to further support Roman Storm, a convicted co-founder of Tornado Cash. The EF has urged the members of the public to donate towards the legal aid of Storm to fight for privacy and Web3 coding.

Why Is the EF Getting Involved?

In its announcement, the EF framed this as a critical fight for the future of privacy and the right to write open-source code in Web3. The foundation believes the outcome of Storm’s trial and subsequent appeals will set a major precedent for developers around the world and is urging the public to donate to his legal aid fund.

What Are the Charges that the Ethereum Foundation…

The post Ethereum Foundation (EF) Throws Support Behind Convicted Tornado Cash Co-Founder appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Ethereum Foundation (EF) Throws Support Behind Convicted Tornado Cash Co-Founder


by Coin Edition
for CoinEdition
The Ethereum Foundation (EF) announces a $500k donation match for the legal defense of Tornado Cash's Roman Storm.
  • The Ethereum network stands to lose more if Roman Storm loses in the trial and appeal processes.
  • Ethereum Foundation has advocated for privacy and freedom to code but the U.S. government has argued that the Tornado Cash developers committed offenses via omission.
  • Vitalik Buterin has since cautioned on the heavy leveraging of Ether treasury companies.

The Ethereum Foundation (EF) has offered to match up $500k in donations from the public in a bid to further support Roman Storm, a convicted co-founder of Tornado Cash. The EF has urged the members of the public to donate towards the legal aid of Storm to fight for privacy and Web3 coding.

Why Is the EF Getting Involved?

In its announcement, the EF framed this as a critical fight for the future of privacy and the right to write open-source code in Web3. The foundation believes the outcome of Storm’s trial and subsequent appeals will set a major precedent for developers around the world and is urging the public to donate to his legal aid fund.

What Are the Charges that the Ethereum Foundation…

The post Ethereum Foundation (EF) Throws Support Behind Convicted Tornado Cash Co-Founder appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SharpLink Bets Big On Ethereum: $200M Raised To Deepen ETH Exposure

SharpLink Bets Big On Ethereum: $200M Raised To Deepen ETH Exposure

SharpLink Gaming has announced a $200 million capital raise aimed at expanding its Et...
Ethereum Transactions Hit Record High

Ethereum Transactions Hit Record High

Ethereum network activity has surged to unprecedented levels, with the seven-day aver...