Ethereum Foundation Donates $500K to Tornado Cash Founder’s Legal Defense

Description

Ethereum Foundation commits $500K to Tornado Cash founder's legal defense while announcing new treasury management strategy to ensure long-term financial sustainability.

Publish date

June 13, 2025

Publisher

Coincentral

Related projects

Tornado Cash

Ethereum Foundation

Web URL

https://coincentral.com/ethereum-foundation-donates-500k-to-tornado-cash-founders-legal-defense

Referenced by

Authorities allege that Storm helped operate Tornado Cash as an unlicensed money transmitter, enabling illicit fund movements.

Crypto news

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EF announces $500K donation to support Roman Storm's defense

Crypto news

News story

Storm’s legal defense comes amid rising scrutiny of crypto privacy tools used in decentralized finance protocols.

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