The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence.
A wallet associated with Vitalik Buterin, co-founder of Ethereum, transferred 30 Ether, valued at $113,000, to Juicebox, an open-source crypto crowdfunding platform. The funds were allocated for legal assistance to support Tornado Cash developers Alexey Pertsev and Roman Storm.Crypto veterans, including Buterin, have long advocated for crypto privacy and tools that help users manage their assets privately.
Tornado Cash is a crypto privacy tool that allows users to send crypto transactions anonymously. Although focused on privacy, criminals often use the tool to proceed with hacked or stolen funds. The nature of the tool attracted the attention of law enforcement agencies, leading the United States Treasury’s Office of Foreign Assets Control toThe law enforcement crackdown on crypto privacy has deeply impacted privacy-focused coins such as Monero, which has been delisted from major exchanges worldwide. Similarly, privacy tools have also faced criticism from regulators.
However, the crypto community believes that despite counter-views on privacy, law enforcement agencies arresting software developers for merely writing codes and treating them as equivalent to terrorists is not justified.The crypto community has long advocated for human rights. It is one of the most proactive communities demanding the release of Ross Ulbricht, the creator behind the infamous Silk Road marketplace.
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