Crypto Community Don Pledge $5.5M for Roman Storm Defense Fund
Crypto community don don gather about $5.5 million for Roman Storm defense fund to help am for post-trial motions and appeals for Roman Storm wey be co-founder of Tornado Cash, wey dem konvict for August for running unlicensed money-transfer business, and to support Alexey Pertsev wey dem find guilty for 2024 for money laundering. Major donors na Solana Policy Institute wey pledge $500,000, Ethereum Foundation wey do matching grants wey pass $500,000, and Vitalik Buterin wey donate 150 ETH (about $673,000). Paradigm join with $1.25 million, plus developers, DAOs and crypto companies add big money join. The fund still dey about $1.5 million short of target. Supporters talk say prosecuting developers because neutral code misuse dey threaten open-source innovation and blockchain privacy. Legal experts warn say if dem hold tool creators responsible for third-party misuse, e fit kill privacy-focused development. This effort show say people dey worry more about developer liability, policy precedent and privacy protection for crypto ecosystem. Traders suppose watch these legal development well well as e fit affect regulatory clarity and how privacy protocols go get adopted.
Neutral
Di $5.5 million defense fund dey show say community support Roman Storm plus wider worries about developer wahala and privacy strong, e no get direct effect on crypto price or trading volume. Traders fit see this move as good sign for regulatory clarity around privacy protocol dem, but without immediate policy change or market moving rulings, price fit no shift well well for either side. History cases—like how community respond to legal risk wey privacy coins face—show say advocacy alone dey usually bring neutral market reaction until legal matter clear.