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Home Cryptocurrency Altcoins

rewrite this title Vitalik Buterin Donates $170,000 to Tornado Cash Devs

Editor-In-Chief, BitDegree by Editor-In-Chief, BitDegree
January 1, 2025
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rewrite this title Vitalik Buterin Donates 0,000 to Tornado Cash Devs
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The co-founder of Ethereum, Vitalik Buterin, has donated 50 ETH


ETH

$3,326.30

to the legal defense fund for Alexey Pertsev and Roman Storm, developers of Tornado Cash.

The donation, valued at around $170,000, was announced through the Free Pertsev & Storm’s X account. They stated, “Thank you Vitalik Buterin for helping us end the year on a good note, with a 50 ETH donation to both Roman and Alexey’s legal aid”. 

Buterin’s contribution represents approximately 25% of the $650,000 legal fund available to the developers via JusticeDAO.

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Storm also expressed gratitude by posting on his own X account. He said:

Immense gratitude to Vitalik Buterin for his generous donation to my legal defense fund. Your unwavering support and leadership by example continue to inspire us all.

Pertsev and Storm have faced legal challenges due to their involvement with Tornado Cash, a cryptocurrency mixing service. The lawsuit began after the US Treasury’s Office of Foreign Assets Control (OFAC) placed Tornado Cash on its sanctions list in August 2022.

Pertsev was arrested in 2022 by Dutch authorities and later convicted of money laundering in 2024. He received a sentence of more than five years.

Meanwhile, US prosecutors have charged Storm and another developer, Roman Semenov, with money laundering, sanctions violations, and fraud. Storm is currently on bail awaiting his trial, set to begin in April 2025, while Semenov remains out of reach of authorities.

On December 2024, Buterin also made headlines by becoming an adoptive father for a viral hippopotamus Moo Deng. What did he say about it? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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