Rome Storm, co-founder of the cryptocurrency mix service Tornado Cash, raised $500,000 in help before the trial on Monday for allegations of money laundering and sanctions.
storm Posted On Saturday X, he faces a “significant shortfall” that will need to raise $500,000 in the next few days and another $1 million in the next few weeks to cover his legal battle costs.
He added: “My team is uninterrupted in defending code as free speech, protecting software development, and opposing over-pushing by governments that threaten us all.”
In May, the free Pertsev & Storm, the organization established a group that provides legal aid to the founders of Tornadoes, projection The total legal fee for the Storm trial is $2 million.
But, the storm explain On Friday, his attorney fees would reach $3.5 million due to “complex legal arguments and unforeseen witnesses and evidence” as his trial could last up to four weeks, twice the initial two weeks expected.
Storm conspired to operate an unlicensed currency transmitter for money laundering in August 2023 and conspired to violate U.S. sanctions. If found guilty, he would face up to 45 years in prison.
Friday, the Storm’s Legal Team Try to postpone the trialit is believed that the prosecutor disclosed a witness after the scheduled deadline ended.
Katherine Failla Judge Katherine Failla said her criminal trial judge said Not allowed Any reference to the U.S. Treasury sanctions imposed on tornado cash, which Tonado cash was withdrawn in March.
Related: Ethereum Foundation promises $500,000 to defend Rome storm
In April, the crypto lobbying group Defi Education Foundation Petition for the Trump administration End the “cannot prosecute” of so-called open source software developers (including the Roman Storm).
57% target for tornado cash trial
Storm attempted to raise a total of $3.5 million. While writing, Storm manages to Increase $1.96 million, about 57% of the target.
Since the donation is donated in Ether (eth), the amount raised may fluctuate. Currently, ETH is trading at $3,030, up 2.9% over the past 24 hours, according to To Nansen.
Last month, the Ethereum Foundation said it would donate $500,000 and compare community donations up to $750,000 with Storm’s legal defense.
Bill Warren of Metacartel explain Metacartel Dao gave it all the funds left in the treasury to support the cause.
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