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Roman Storm of Tornado Cash urgently requests compensation of $500,000 as the trial is approaching.
Roman Storm, co-founder of Tornado Cash, is calling for a fundraising of 500,000 USD ahead of the trial on Monday with allegations of money laundering and sanctions violations. He stated that he needs another 1 million USD in the coming weeks to cover legal costs, totaling up to 3.5 million USD as the trial could last up to four weeks. Storm was arrested in August 2023 and could face a 45-year prison sentence if convicted. His legal team has attempted to postpone the trial, but the judge did not allow reference to the sanctions from the U.S. Department of the Treasury that were lifted. At this point, Storm has raised 1.96 million USD, accounting for 57% of the goal, with support from the Ethereum Foundation and MetaCartel.