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Ethereum Foundation Donates $500,000 To Tornado Cash Co-Founder’s Legal Defense

by admin June 14, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ethereum Foundation (EF) has announced that it will be contributing $500,000 to the legal defense of Tornado Cash co-founder and developer Roman Storm. Storm faces three charges in the upcoming trial related to operating a crypto mixer in the United States.

‘Privacy Is Normal, And Writing Code Is Not A Crime’ – EF

In a June 13 post on the X platform, the Ethereum Foundation disclosed that it would donate $500,000 to Storm’s defense in the upcoming court trial. In addition to the significant contribution, the foundation intends to match up to an extra $750,000 in donations from the crypto community.

This Ethereum Foundation’s announcement comes about a month before the beginning of the trial, which would see Storm battle charges including conspiracy to commit money laundering, conspiracy to violate  US sanctions, and conspiracy to operate an unlicensed money-transmitting business. If found guilty of all these charges, the crypto mixer co-founder faces a prison sentence of up to 45 years.

While Storm’s legal defense team has tried to get these charges dismissed in court, his trial is set to begin in New York on Monday, July 14. For his defense, the Tornado Cash developer is looking to raise about $2 million.

The Ethereum Foundation wrote in the post on X:

Privacy is normal, and writing code is not a crime.

This statement touches on what has been a major talking point — privacy concerns — in the crypto community since Storm’s arrest in 2023 and other similar cases (the arrest of Telegram’s co-founder, Pavel Durov, in 2024). While the US prosecutors have declared intentions to drop the charge of operating an unlicensed money transmitting business, Storm has maintained his innocence throughout this legal battle.

Tornado Cash Co-Founder Speaks Out On Social Media

Earlier on Friday, Storm took to the social media platform X to appeal for the support of the crypto community, saying that the US judicial system is “trying to crush” him. 

The crypto co-founder said: 

If I lose, DeFi dies with me. The dream of financial freedom, the code I believed in—it all fades into darkness. I’m fighting, but the weight is unbearable. This isn’t just my end; it’s ours.

Storm also posted an appreciation message on X to the Ethereum Foundation for its $500,000 donation to his legal defense. “Your support means the world to me, especially standing up for privacy and the right to code. I’m so grateful to everyone chipping in—your generosity is truly inspiring! Thanks from the bottom of my heart,” the co-founder concluded.

The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image from Getty Images, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Weeks Before Trial, Tornado Cash’s Roman Storm Sounds Alarm: ‘If I Lose, DeFi Dies With Me’

by admin June 14, 2025



In brief

  • “If I lose, DeFi dies with me,” Tornado Cash co-founder Roman Storm tweeted.
  • Storm was charged by the DOJ in 2023 with conspiracy to commit money laundering, operating an unlicensed money transmitter business, and evading U.S. sanctions.
  • Storm and other DeFi advocates have argued that the prosecution unjustly holds software developers liable for the ways in which their software is used.

Tornado Cash co-founder Roman Storm issued one of his starkest rebukes yet of the Trump administration’s Department of Justice on Friday, arguing that if federal prosecutors prevail in the developer’s upcoming criminal trial, decentralized finance could be permanently destroyed. 

“The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, [and] never built it,” Storm wrote. “SDNY is trying to crush me, blocking every expert witness.”

“If I lose, DeFi dies with me,” the crypto developer continued. “The dream of financial freedom, the code I believed in—it all fades into darkness. This isn’t just my end; it’s ours.”

Storm was charged by the DOJ in 2023 with conspiracy to commit money laundering, operating an unlicensed money transmitter business, and evading U.S. sanctions, for his role in running Tornado Cash—a popular service that allows users to make their on-chain transactions difficult to trace. While such coin mixing platforms are popular among privacy advocates, they have also been employed by criminal organizations and U.S. state enemies like North Korea.

Earlier this year, after President Donald Trump retook power and directed numerous federal agencies to back off the digital assets industry, the DOJ shuttered its crypto-dedicated enforcement unit and directed prosecutors to no longer pursue criminal charges against coin mixing services for “acts of their end users.” 



Many in crypto took the policy shift as a signal that the DOJ might soon pardon Storm. Immediately after returning to office, Trump pardoned Ross Ulbricht, the founder of Silk Road, a black market website powered by Bitcoin.

But Storm’s pardon never materialized. Last month, Trump’s DOJ said it would press forward with its case against the Tornado Cash co-founder, only dropping an element of a single charge that  he failed to comply with money transmitting business registration requirements. 

Storm and other DeFi advocates have argued that the prosecution unjustly holds software developers liable for the ways in which their software is used. Last year, another Tornado Cash developer, Alexey Pertsev, was convicted by a Dutch court that ruled the site was “intended for criminals.”

In a post on the social media platform X on Friday, the Ethereum Foundation said that it was donating $500,000 to Storm’s defense fund and that it would match up to an additional $750,000 in donations from the community. “Privacy is normal, and writing code is not a crime,” the non-profit tweeted.

While President Trump has made several pro-DeFI moves in recent months—signing a bill into law repealing an IRS rule protested by the sector, and supporting crypto legislation featuring carve-outs for decentralized finance protocols—industry advocates are now warning that successful prosecution of figures like Storm could cause significant harm to DeFi’s operating principles. 

When reached by Decrypt and asked whether he now perceives the Trump administration to be hostile to DeFi, based on his continued prosecution, Storm referenced a recent legal filing made by the DeFi Education Fund, an industry lobbying group, in Alexey’s Pertsev’s ongoing appeal of his conviction in the Netherlands.

“Should we remove everything from the market that is known to be used by criminals for illegal activities?” the filing reads. “[S]oftware developers should not be held criminally liable for the actions of third parties who use their software to commit crimes.”

UPDATE (June 13, 2025, 6:58 p.m. ET): Adds information about Ethereum Foundation contribution to defense fund. 

Edited by James Rubin

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