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The Defiant 2025-02-26 17:33:30

Ethereum Foundation Donates $1.25M to Alexey Pertsev's Defense in Netherlands Case Over Privacy Protocol

Ethereum Foundation Donates $1.25M to Alexey Pertsev's Defense in Netherlands Case Over Privacy Protocol

The Ethereum Foundation has announced a $1.25 million donation to support the legal defense of Alexey Pertsev, the developer of Tornado Cash, for his appeal in a case being heard in the Netherlands. This move follows a similar action by Paradigm, highlighting the growing support for Pertsev. Tornado Cash is a privacy-focused protocol that enables users to conduct anonymous transactions on the blockchain. The donation by the Ethereum Foundation emphasizes their belief that privacy is normal and that writing code should not be considered a crime. The case is seen as pivotal, potentially setting a precedent regarding liability for software developers. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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