Solana Lobby Group Don Pledge $500K for Roman Storm Legal Fight
Solana Lobby Group don pledge $500,000 for di legal defense fund of Tornado Cash co-founder Roman Storm. Di Solana Lobby Group donation don make di Free Roman Storm fund nearly $6 million now, wey almost reach dia $7 million target. Storm been con vict for August for run unlicensed money-transmitting business, and im co-founder Alexey Pertsev dey face money laundering charge. Di legal defense fund don get support from Ethereum Foundation, wey don donate and talk say dem go match up to $1.75 million, plus Vitalik Buterin 150 ETH contribution, and donations from Federico Carrone and di Golem project. Earlier for dis year, investment firm Paradigm commit $1.25 million. Legal experts warn say dis conviction fit set risky precedent, wey fit make open-source developers responsible if people misuse their tools. Solana Lobby Group move show say crypto community dey worry well well about privacy tools, developer risk, and how regulators dey pressure protocols like Tornado Cash.
Neutral
Dis news na e take about legal fundraising, no be say dem dey change how protocol dey use, token economics or regulator wahala dem. Na high-profile donation dem Solana Lobby Group, Ethereum Foundation, and other crypto pipo dey show say community dey support privacy tools, but e no likely to make big change for SOL, ETH or Tornado Cash markets for price or trade volume. History don show like how Ethereum community take react before to developer fines, legal defense campaigns just dey gather attention but e no fit cause long term bullish or bearish trend. Traders fit notice say developer moral don improve, but if no clear regulation or tech update, e no go too affect short term market waka or long term fundamentals.