The legal defense fund for tornado cash developer Rome Storm is seeing massive donations as the software creator’s defense team is ready to retrieve allegations of money laundering and sanctions violations. Ethereum Foundation Thursday explain It will donate $500,000 to the Storm’s Defense Fund.
Jury in the storm is deadlocked – Unable to reach a consensus verdict – Two of the three charges, Developers found guilty Run an unlicensed currency transmitter.
“The misjudgment of Hong’s jury does not cause double danger, so the defendant can be tried again,” Douro Labs general counsel Brandon Ferrick told Cointelegraph.
Crypto industry executive and digital rights activist say partial verdict Wednesday Setting dangerous legal precedents For open source software developers in the United States, and affects the development of privacy protection protocols and decentralized finance.
Related: Roman Storm’s early enthusiasm for code leads to Silicon Valley, Tornado Cash – and guilty verdict
The possibility of lawyers retrying
The U.S. Department of Justice (DOJ) must decide whether it will Re-examination The lawyer told Cointelegraph on the first and third charges in the case.
“I’m not sure what to expect here because despite the slight links between the Trump administration and cryptocurrencies, they usually maintain criminal proceedings.”
“I think it’s reasonable that the government may not retry money laundering, given the political posturing,” said Ferrick of Douro Labs.
Both lawyers agreed that the appeal process would be the next focus of the case and expected the storm’s defense team to appeal the guilty verdict.
“The application of his convicted currency transmitter has been controversial in the past year,” Brogan told Cointelegraph.
Ferrick added that he expects the storm to appeal the guilty verdict and to deal with the charges “at the end”.
storm Ask for a donation of $1.5 million The legal defense fund in July. “Legal fees are piled up quickly and we need your help in a desperate situation,” he wrote in X. postal.
