Basic developer Ethereum, Federico Carrone, said that it would contribute $ 500,000 to the Novel Storm Legal Fund in the middle of the co-founder of Tornado Cash faced with a new trial in New York.
In a Monday X post, Carrone said that her experience in Türkiye had led to the decision to increase her donation to Storm from $ 50,000 to $ 500,000. The developer reported that he had been detained by the Turkish authorities for about 24 hours on alleged ties with an Ethereum confidentiality protocol.
“(A) In addition what happened to me, I have to take a clear position,” said Carrone, adding: “I understand that the (Ethereum Foundation) will correspond to donations up to $ 500,000 for the defense of Roman Storm, which means that our contribution can have double the impact. Our team is currently moving money to execute the transaction.”
https://www.youtube.com/watch?v=20zfedqdkl8
Storm, one of the three co-founders and developers of the Tornado Cash cryptocurrency mixture service, was charged in 2023 for money laundering, the conspiracy in sight to exploit a silver issuer without license and plot to violate American sanctions.
On Tuesday, he said he had collected around $ 5.4 million for his legal defense fund, which included donations from the Ethereum Foundation and the Golem Foundation.
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Storm and many of his donors have repeatedly said that code writing was not a crime in support of his criminal defense. However, a New York jury recognized Storm guilty of conspiracy to exploit a silver issuer without license on August 6 and imposed itself on the other two accusations, opening the door to a new trial.
Roman Storm is always collected at a guilt verdict
The co-founder of Tornado Cash set a target of $ 7 million for the fund supporting legal defense for its criminal affair, which could easily take place until December, or even more. On Monday, a federal judge signed Storm lawyers and American prosecutors who agree to postpone procedural deadlines that may affect a new potential trial.
On Tuesday, the hearing of determination of Storm’s conviction for the single crime count had not been planned. He could do up to five years in prison.
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