The American crowdfunding platform GoFundMe has stirred controversy by canceling a fundraiser dedicated to collecting legal fees for Roman Storm, the co-founder of cryptocurrency mixer Tornado Cash, and its developer, Alexey Pertsev. This article delves into the events leading up to the fundraiser’s cancellation and the ensuing reactions from donors and the Tornado Cash community.
Roman Storm initiated the fundraiser on Jan. 22, seeking community support to cover legal fees for a court battle against U.S. authorities over allegations of facilitating the bypass of U.S. sanctions. While the fundraiser garnered support, GoFundMe abruptly canceled it on Feb. 14, citing a breach of its terms of service. Donors, including Ryan Adams of Bankless Ventures, had their contributions returned following the cancellation. Adams pledged to resend his donation to Storm using cryptocurrencies.
The cancellation of the GoFundMe campaign has sparked debate within the Tornado Cash community, with some questioning the platform’s decision. Despite the setback, Storm and Pertsev continue their efforts to raise $1.5 million for legal fees. They have turned to the crypto funding platform JuiceBox, where a substantial amount of Ether has been collected.
Storm and Pertsev face charges of conspiracy to commit money laundering, sanctions violations, and operating an unlicensed money-transmitting business. Both maintain a not-guilty stance on all charges related to money laundering and violations of U.S. sanctions. Storm, released on a $2 million bond, faces travel restrictions within specific regions of the United States.
The cancellation of the fundraiser on GoFundMe adds another layer of complexity to the legal battle faced by Storm and Pertsev. Despite setbacks, they remain determined to pursue legal avenues for their defense. As the case unfolds, the Tornado Cash community closely monitors developments and continues to support its founders in their fight against the charges levied by U.S. authorities.
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