Figure - Sponsor Image Figure - Win $25k USDC with Democratized Prime. Friend & Sponsor Learn more
Home,   Read,   News

Ethereum Foundation Pledges $500K for Roman Storm Appeal

The organization is vowing to match donations to Tornado Cash co-founder’s legal defense.
Ethereum Foundation Pledges $500K for Roman Storm Appeal
Lucas Matney Lucas Matney
Aug 8, 2025 • 1 min read
Listen
3
0
AI
Open in ChatGPT Open in Claude View as Markdown
0:00 0:00

Subscribe to Bankless or sign in

The Ethereum Ethereum Foundation said it will match up to $500,000 in donations to help fund Roman Storm’s appeal after the Tornado Cash Tornado Cash co-founder was found guilty of operating an unlicensed money transmission business earlier this week.

What’s the Scoop?

  • Matching Funds: The foundation committed to matching donations up to $500K for Storm’s legal defense. Vitalik Buterin Vitalik Buterin amplified the announcement, saying “privacy is normal, and writing code is not a crime.”
  • Partial Verdict: A New York jury convicted Storm on one charge while deadlocking on money laundering and sanctions-related counts. His team is preparing an appeal.
  • Potential Stakes: If Storm loses the appeal, he could face up to five years on the current conviction.

Figure - Sponsor Image
Sponsored Figure Win $25k USDC with Democratized Prime
In The Article
Ethereum Ethereum Tornado Cash Tornado Cash Vitalik Buterin Vitalik Buterin Roman Storm Roman Storm
Lucas Matney

Written by Lucas Matney

5 Articles • View all      

Lucas Matney (luma) is the Content Chief at Bankless and leads editorial operations and strategy. Prior to joining Bankless in 2022, he was a Senior Editor at TechCrunch in San Francisco where he led the publication’s crypto and fintech teams. He is a graduate of Northwestern’s Medill School of Journalism.

No Responses
Search Bankless