500 thousand dollars to the defense of Roman Storm from the Ethereum Foundation: "The future of Defi is being tried"
Ethereum Foundation donated $ 500,000 to the defense of Roman Storm, the founder of Tornado Cash. Storm collects $ 2 million funds before the lawsuit on July 14th. The case is critical of the critical importance that can affect Defi's fate.
Roman Storm, the founder of Tornado Cash, is running a defense fund campaign before the critical lawsuit on July 14th. A great donation came from Ethereum Foundation.
📍 In the crypto world, discussions of financial confidentiality and freedom of software gained a new dimension. Ethereum Foundation announced that Roman Storm, one of the founders of Tornado Cash, has made a donation of $ 500,000 for his defense. The case will begin in New York on July 14th and may be a historical threshold for defi ecosystem.
⚖️ What is Storm accused of?
Roman Storm was confronted with the following accusations by the US Department of Justice in 2023:
Establishing a conspiracy to commit money laundering crime
Violating US sanctions
To violate the International Emergency Economic Forces Law (IEEPA)
Most of these charges are about the functioning of the Tornado Cash protocol, which works on Ethereum and allows confidential operations.
Ofc (Foreign Assets Control Office), Tornado Cash on the sanction list in 2022, but this sanction was removed in March 2025.
🧾 Defense funding and community participation
Storm, Social Media Platform in his statement on X:
“If I lose, defi loses with me. The code I believe, the dream of financial freedom, they are all buried in darkness.”
Storm’s goal is to create a defense budget of $ 2 million.
Ethereum Foundation not only donated only $ 500,000; He also announced that he would match the donations from the community up to $ 750,000.
🧑⚖️ Partial accusations were reduced under the Trump administration
In May 2025, in the legal process carried out during the Trump administration, Storm’s charges of önemving unlicensed money transmission business ”was reduced. However, prosecutors intend to continue the case on the charges:
Money laundering
IEEPA Violation
Some criminal elements related to unlicensed money transfer
This shows that the case process is still complex and risky.
🔐 Writing code is a crime?
Ethereum Foundation included the following statement in the Donation statement:
“Privacy is normal. Writing code is not a crime.”
This statement is supported by the extensive web3 community, which argues that software developers should be protected within the scope of freedom of expression.
🌐 Critical threshold for defi
Storm’s case can form a precedent not only an individual accusation process, but also for decentralized finance (defi). As a result of the case;
Criminal Responsibilities of Defi Protocol Developers
Legal ground of financial privacy tools
Whether crypto software is covered by freedom of expression
It can affect many basic issues such as.