Million

Tornado Cash

Tornado

Rewards

<p><span style="font-weight: 400;">A legal fund set up for the defense of Tornado Cash developers Roman Storm and Alex Pertsev has raised more than $350K, and gained&nbsp; support from the former National Security Agency whistleblower Edward Snowden.&nbsp;</span></p>
<p><span style="font-weight: 400;">A new fundraising </span><a href="https://wewantjusticedao.org/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">website</span></a><span style="font-weight: 400;"> says that the arrests of Storm and Pertsev are “a direct attack on the open-source development space and may have devastating consequences for developers who write and publish code.”</span></p>
<p><img decoding="async" src="https://130e178e8f8ba617604b-8aedd782b7d22cfe0d1146da69a52436.ssl.cf1.rackcdn.com/coinbase-bankrolls-lawsuit-fighting-tornado-cash-sanctions-showcase_image-6-a-20024.jpg" alt="Coinbase Bankrolls Lawsuit Fighting Tornado Cash Sanctions"></p>
<p><span style="font-weight: 400;">Storm </span><a href="https://twitter.com/rstormsf/status/1749490246000238942" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">said</span></a><span style="font-weight: 400;"> on X yesterday that he would launch a campaign, in the form of a decentralized autonomous organization (DAO), to raise money for a lawyer. “2024 is the year that will define the rest of my life,” wrote the developer. “I’m scared. But also hopeful that this community cares with a passion.”&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">If you can help, please help. Privacy is not a crime. <a href="https://t.co/R4vauNLRB4" rel="noopener noreferrer nofollow">https://t.co/R4vauNLRB4</a></p>
 <p>— Edward Snowden (@Snowden) <a href="https://twitter.com/Snowden/status/1749860224612159834?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 23, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Snowden, an exiled former Central Intelligence Agency contractor, retweeted Storm’s post and asked his followers to pitch in to help the Tornado Cash developer. “If you can help, please help,” he said. “Privacy is not a crime.”</span></p>
<h2 id="span-style-font-weight-400-tornado-cash-accused-of-facilitating-money-laundering-span"><span style="font-weight: 400;">Tornado Cash Accused Of Facilitating Money Laundering</span></h2>
<p><a href="https://insidebitcoins.com/news/phisher-who-stole-24-2-million-worth-of-ethereum-transfers-funds-to-tornado-cash-peckshield-says" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Tornado Cash</span></a><span style="font-weight: 400;"> was a popular crypto mixing platform that allowed users to anonymously send and receive Ethereum (ETH). In 2022, the Department of the Treasury’s Office of Foreign Access Control (OFAC) banned Americans from using the service following claims that criminals were using the platform to launder money.</span></p>
<p><span style="font-weight: 400;">OFAC then alleged that </span><a href="https://insidebitcoins.com/news/tornado-cash-developer-roman-storm-pleads-not-guilty-to-money-laundering-sanctions-evasion" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Storm</span></a><span style="font-weight: 400;"> and his colleague, Roman Semenov, laundered more than $1 billion in funds obtained through illegal activities. Pertsev was arrested.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-snowden-s-role-in-the-crypto-space-span"><span style="font-weight: 400;">Snowden’s Role In The Crypto Space</span></h2>
<p><a href="https://insidebitcoins.com/news/edward-snowden-crypto-is-heading-in-the-wrong-direction" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Snowden</span></a><span style="font-weight: 400;"> has long been a privacy and cryptocurrency advocate, and </span><a href="https://www.youtube.com/watch?v=uWGTsr-NVM8" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">said</span></a><span style="font-weight: 400;"> last year that the sanctioning of Tornado Cash was “deeply illiberal and profoundly authoritarian.”&nbsp;</span></p>
<p><span style="font-weight: 400;"> He also helped create the privacy-focused Zcash and even pointed out Bitcoin’s privacy problem. The former whistleblower is currently living in exile in Russia since being charged by the U.S. government with espionage in 2013.</span></p>
<h3 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles:</span></h3>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/pardon-calls-for-snowden-ulbricht-and-assange-gain-traction-in-crypto-space" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Pardon Calls for Snowden, Ulbricht, and Assange Gain Traction in Crypto Space&nbsp;</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/investor-confidence-fuels-bitcoin-minetrix-presale-to-9-million-despite-btc-price-fall" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Investor Confidence Fuels Bitcoin Minetrix Presale to $9 Million Despite BTC Price Fall</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!</span></a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 100% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Tornado Cash Developers Raises $350K For Legal Battle With Support From Whistleblower Edward Snowden

Table of Contents

Inside Bitcoins

Άλλα άρθρα που δημοσιεύτηκαν στις 24 Ιαν 2024

Controversial Hacking Incident in the Solana Ecosystem: Cryptocurrency Community Outraged

Bitcoin’s Drop Below $38K Might Threaten $33K Support! These Key Indicators Are Crucial For BTC P...

Vectorspace AI: Can VXV Crypto Fall & Break In-Between Supports?

DeBank's Rabby Wallet Launched Points Program, Initial Points Dropped to All Ethereum Address

Bitcoin: Grayscale injects billions of BTC into Coinbase!

3 Cheap Solana alternatives to do better than SOL

Join our free newsletter for daily crypto updates!