Crypto:
33951
Bitcoin:
$84.603
% 4.64
BTC Dominance:
%59.6
% 0.31
Market Cap:
$2.81 T
% 3.71
Fear & Greed:
21 / 100
Bitcoin:
$ 84.603
BTC Dominance:
% 59.6
Market Cap:
$2.81 T

Ethereum Foundation Donated $1.25 Million to Support Alex Pertsev’s Legal Defense!

Ethereum

The Ethereum Foundation made a donation of $1.25 million to support the legal defense of Alexey Pertsev, co-founder of Tornado Cash.

Ethereum Foundation Supports Alex Pertsev

Alexey Pertsev, co-founder of Tornado Cash, was released after spending nearly nine months in jail. While his appeal process continues, Pertsev has been placed under house arrest, and the support for his legal defense has increased as he fights for his freedom.

The Ethereum Foundation took a significant step by donating $1.25 million to support Pertsev’s legal battle. This donation highlights the strong backing Pertsev has from the crypto community.

Pertsev’s release marks a pivotal moment for Tornado Cash. In 2024, the U.S. government’s lifting of sanctions against Tornado Cash was seen as a positive development for both the platform and the broader crypto sector. However, with the ongoing illegal use of Tornado Cash, the platform and its developers may continue to face pressure.

Pertsev’s supporters argue that he only developed open-source software and was not directly involved in any illicit activities.

Vitalik Buterin, the co-founder of Ethereum, is also among those who contributed to the Ethereum Foundation’s donation, further showing his support for Pertsev’s fight. This contribution underscores that Pertsev is not alone in his legal struggle and reflects the considerable support from the crypto community.


Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our TelegramYouTube and Twitter channels for the latest news and updates.

Rate this post
READ:  Celo's Ecosystem Grows with CCIP Cross-Chain Protocol

Leave a Reply

Your email address will not be published. Required fields are marked *