Roman Storm, co-founder of Crypto Mixing Service Tornado Cash, has sought help to raise $ 500,000 from its test on Monday for violation of money laundering and restrictions.
Storm Posted On Saturday, X on the X that he faces a “significant drawback” and needs to raise $ 500,000 in the next few days, and will require another $ 1 million within the next few weeks to cover the cost of his legal battle.
He said, “My team is working nonstop working as a free speech to defend the code, protects software development, and pushes back against the government that threatens all of us,” he said.
In May, free pertsave and store, an organization established to provide legal aid to tornado cash founders, Estimate The total legal cost for testing of storm will be $ 2 million.
However, storm Said On Friday that their legal fees will increase to $ 3.5 million as they may last up to four weeks, initially doubled at the beginning of two weeks, “due to complex legal logic and unpredictable witnesses and evidence.”
The storm was arrested in August 2023 in money laundering cases, conspiracy to operate a money transmitter without a license, and a conspiracy to violate US sanctions and 45 years of prison plot on being found guilty.
On Friday, Storm’s legal team attempted to postpone the trial, arguing that the prosecutors revealed a witness after the deadline ended.
Overseeing the criminal trial of the judge Storm, Judge Catherine Filla said that she would not allow any mention of the US Treasury sanctions imposed against the tornado cash, which was withdrawn in March.
Connected: Etharium Foundation pledged $ 500K for rescue of Roman Storm
In April, the Crypto Lobbying Group The Defense Education Fund filed a petition to the Trump administration to abolish the so-called “lawless prosecution” of the open-source software developers, including the Roman Storm.
57% target tornador raised for cash testing
The store is trying to raise $ 3.5 million in total. At the time of writing, the storm has been successful Raise $ 1.96 million, about 57%of the target.
Since the donation is made in Ether (ETH), the amount raised may have ups and downs. Currently, Eth is trading at $ 3,030, 2.9%in the last 24 hours, According To Nansen.
Last month, the Etharium Foundation stated that it would donate $ 500,000 and match up to $ 750,000 community donations for legal defense of the store.
Metakartel’s Bill Warren Said The Metakartel DAO has given all the funds left in its treasury to support the reason.
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