Tornado Cash’s Roman Storm Needs More Money for Trial
The post Tornado Cash’s Roman Storm Needs More Money for Trial appeared on BitcoinEthereumNews.com. Storm faces up to 45 years in prison on charges related to money laundering and sanctions violations, and saw his legal costs soar to $3.5 million. Despite raising over $2.1 million so far, Storm still faces financial hurdles. His case is widely seen as a landmark legal battle over software freedom and privacy rights. Meanwhile, in France, prosecutors launched an investigation into Elon Musk’s platform X for allegedly manipulating algorithms to extract user data and enable foreign interference. This comes amid broader European regulatory pressure, with the EU and national courts scrutinizing X’s transparency and content moderation practices. Roman Storm Needs More Donations Roman Storm, co-founder of the crypto privacy protocol Tornado Cash, is urgently trying to raise $500,000 ahead of his trial on July 14. If convicted, he could face up to 45 years in prison. Storm is charged with money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions. On X, Storm revealed that his legal costs have surged to $3.5 million due to a trial expected to span four weeks., which is double the original estimate. Things are taking longer than expected due to “complex legal arguments and unforeseen witnesses and evidence.” Storm explained that his legal defense is about more than just personal freedom, and his team is working “nonstop to defend code as free speech, protect software development, and push back against government overreach.” The legal defense fund, Free Pertsev & Storm, initially projected a $2 million cost, but Storm now says that is a conservative estimate. So far, $2.1 million—or about 61% of the total goal—has been raised, mostly through donations in Ethereum (ETH), which has seen a modest price increase. The Ethereum Foundation already contributed $500,000 and pledged to match community donations up to $750,000. In a show…
The post Tornado Cash’s Roman Storm Needs More Money for Trial appeared on BitcoinEthereumNews.com.
Storm faces up to 45 years in prison on charges related to money laundering and sanctions violations, and saw his legal costs soar to $3.5 million. Despite raising over $2.1 million so far, Storm still faces financial hurdles. His case is widely seen as a landmark legal battle over software freedom and privacy rights. Meanwhile, in France, prosecutors launched an investigation into Elon Musk’s platform X for allegedly manipulating algorithms to extract user data and enable foreign interference. This comes amid broader European regulatory pressure, with the EU and national courts scrutinizing X’s transparency and content moderation practices. Roman Storm Needs More Donations Roman Storm, co-founder of the crypto privacy protocol Tornado Cash, is urgently trying to raise $500,000 ahead of his trial on July 14. If convicted, he could face up to 45 years in prison. Storm is charged with money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions. On X, Storm revealed that his legal costs have surged to $3.5 million due to a trial expected to span four weeks., which is double the original estimate. Things are taking longer than expected due to “complex legal arguments and unforeseen witnesses and evidence.” Storm explained that his legal defense is about more than just personal freedom, and his team is working “nonstop to defend code as free speech, protect software development, and push back against government overreach.” The legal defense fund, Free Pertsev & Storm, initially projected a $2 million cost, but Storm now says that is a conservative estimate. So far, $2.1 million—or about 61% of the total goal—has been raised, mostly through donations in Ethereum (ETH), which has seen a modest price increase. The Ethereum Foundation already contributed $500,000 and pledged to match community donations up to $750,000. In a show…
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