The Etharium Foundation Torneto Cash Developer will donate $ 1.25 to assist the legal battle of Alexi Partev.
Etherium Foundation is Announced Donation of $ 1.25 million to support the legal defense of Alexi Partev, a developer of Tornado Cash. Partsev, who was in pretterial custody since August 2022, was released on 7 February and is currently under the arrest of the house, preparing its legal appeal. His prettery custody was suspended by a Dutch court on 6 February, following an earlier decision in November 2024, to expand his custody.
In May 2024, Pertsev was found guilty of money laundering by ‘S-hertogenbosch Court of Appeal’ and sentenced to 64 months in jail. The court’s decision was taken despite the fact that Pertsev and his colleagues did not control the funds passing through tornado cash, nor protocols.
The Office of Foreign Property Control of the American Department of the Treasury’s office approved the tornado cash in 2022, stating that since its inception in 2019, looted more than $ 7 billion in illegal money through the platform since its inception. Went. Tocac also pointed to $ 455 million in stolen funds. North Korean Hacking Group Lazarus as part of its justification. However, an American court ruled that Treasury Violation Its right to approve some irreversible smart contracts of tornado cash.
The prosecution of Partsev has criticized significantly. In particular, atherium co-founder Vitallic Butlerin expressed concern about the case in 2024. “Alexi talk is definitely really unfortunate,” he Said At a Berlin Conference in 2024. “I think many people are going under this notion […] This is just the building software something that is fine and is a completely legal and legal way to fight for privacy. ,
Meanwhile, the co-founder of Tornado Cash, Roman Storm, is facing legal action on charges of facilitating money laundering through tornado cash in Manhattan. A New York court recently denied its proposal to dismiss the allegations, and many organizations, including Venture Capital Firm Pratiman supported protecting the storm donate To assist in your legal battle.
Tornado Cash is a crypto mixing service used to reduce the origin and destination of transactions. Built on the ethereum blockchain, it allows users to deposit ETH or ERC-20 tokens in a smart contract and later take them back to a separate address, which effectively breaks the link between the sender and the receiver. Gives Tornado Cash was recently used to disrupt transactions in Infini Hack. Funds stolen in the multi-millions of Famex Exchange of January also allegedly used tornado cash.
