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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Tornado Cash Co-Founder Gets $500K Defense Boost From Ethereum Foundation - Unchained
The Ethereum Foundation has donated $500,000 to support the legal defense of Tornado Cash co-founder Roman Storm, who is set to go on trial in July on a number of charges, including money laundering and conspiracy to violate U.S. sanctions.
The foundation also pledged to match up to $750,000 in community donations, emphasizing a position it characterizes as “privacy is normal, and writing code is not a crime.”
This story is an excerpt from the Unchained Daily newsletter.
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“I just want to say a huge, heartfelt THANK YOU to the amazing Ethereum Foundation,” said Storm, whose trial is to begin on July 14.
Storm’s defense has raised concerns about the withholding of key evidence by prosecutors and restrictions on expert testimony, framing the case as a crucial test for the future of decentralized finance and developer liability in the crypto industry.