The Ethereum Foundation (EF) donated $ 500K for the legal defense of Roman Storm, a co-founder of Tornado Cash, which was sued by the United States. The EF argued that Storm should not be criminalized for pleading for privacy by writing a purely computer code.
In particular, the American Office of Foreign Assets Control (OFAC) removed its sanctions against Tornado Cash on March 21, 2025, after a legal reversal by the FIFFH Circuit Court of Appeals. However, the charges against Storm were not withdrawn and the process is currently planned for July 14, 2025.
As Coinpedia previously reported, Storm fights against three main costs, including conspiracy to run money, to manage a company without a permit and to violate the International Economic Emergency Powers Act (IEEPA).
Ethereum Foundation fights for Defi Freedom
The case against Storm, which will cost an estimated $ 2 million in legal costs Until the test next month, considerable attention has drawn to the Decentralized Finance (Defi) space. According to the EF, the attack on Storm for the development of Tornado -Contant Money is a direct attack on basic rights on privacy.
With the Defi -Ecosystem that wants to ignore the traditional financial systems, the test on storm will be crucial for the future growth views for the cryptocurrency market. In addition, countries have insisted on regulating the cryptocurrency market to retain their traditional powers, which have been invalidated by the enormous acceptance of Bitcoin (BTC) and the wider Altcoin market.
“The doj wants to buried and say that I should have controled it, added KYC, never built. SDNY tries to crush me, every expert witnesses. If I lose, Defi dies with me. The dream of financial freedom, the code in which I believed – it is all fading in the darkness. noted.