The Ethereum Foundation donated $1.25 million for the defense of Tornado Cash developer Alexey Percev, who is preparing for an appeal in his conviction for money laundering in the Netherlands. Percev was arrested in 2022 and sentenced in 2024, receiving a 5.5-year prison term. Grateful for the support, he noted that he can now focus on preparing for the appeal. Earlier, he also received donations from Vitalik Buterin and the cryptocurrency firm Paradigm to cover legal expenses.
2/26/2025 1:57:46 PM (GMT+1)
The Ethereum Foundation donated $1.25 million for the legal defense of Tornado Cash developer Alexey Percev in connection with his conviction for money laundering in the Netherlands
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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