Search results for "STORM"

Paradigm urges the jury to clarify the Tornado Cash case of Roman Storm.

Gate News bot message, venture capital firm Paradigm has submitted an amicus brief supporting Tornado Cash co-founder Roman Storm, arguing that the jury needs to fully understand the legal definition of operating a remittance business.
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Encryption industry practitioners urge Trump to end the "illegal activities" of convicting software developers like Roman Storm.

Leaders in the encryption industry jointly call on the White House to stop prosecuting open source software developers, believing that developers cannot control third-party use of their code and should not bear criminal responsibility. More than 70 industry professionals support this initiative, including representatives from companies such as Paradigm, The Block, and Multicoin Capital.
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Hacker groups claim responsibility for the cyber attack on platform X, but say it is not related to Ukraine

Golden data on March 11th, Musk's social media platform X, which was hit by a large-scale cyber attack, has seen the latest development, with an organization claiming responsibility for it. On March 11th, the Hacker group Dark Storm Team hinted on social media that they were responsible for the attack on the X platform, stating, "Musk's accusations have no evidence, and we have no relationship with Ukraine." It is reported that Dark Storm Team is a pro-Palestinian Hacker organization.
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The hacking group "Dark Storm" claimed responsibility for the X platform DDoS attack

The Russian-backed hacking group Dark Storm claimed responsibility for the massive outage of Platform X, while Platform X owner Elon Musk confirmed the cyberattack. The attack is not politically motivated, the purpose is to show strength. At the same time, Tesla's stock price has fallen recently, which may be related to the protests triggered by Musk's government efficiency department (DOGE) spending cuts.
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Vitalik donated 50 ETH to Defend Roman Storm

BlockBeats News, on January 1st, according to on-chain information, Vitalik just donated 50 ETH to Defend Roman Storm through Juice Box. It is reported that the funds raised by the project will be used to support the legal defense fund of Roman Storm, the developer of Tornado Cash. In August of last year, Roman Storm, co-founder of Tornado Cash, was arrested by the FBI and the Internal Revenue Service on charges of 'conspiracy to commit money laundering, conspiracy to operate an unlicensed money transmitting business, and conspiracy to violate sanctions regulations.' Prior to this, it was reported that Vitalik had also donated 50 ETH to Alexey Pertsev, another co-founder of Tornado Cash, through Juice Box tonight.
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The U.S. prosecutor has filed a motion to prevent Tornado Cash co-founder Roman Storm from appearing as an expert witness.

The U.S. prosecutor opposes the appearance of expert witness Roman Storm, the founder of Tornado Cash, claiming it would confuse the jurors' understanding. The prosecutor has dropped the "unlicensed money transfer" charge but retains the money laundering charge, with the trial set to begin on July 14.
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Ethereum Foundation: Establishes a $1.25 million legal aid fund to support Tornado Cash co-founder Roman Storm.

Odaily News The Ethereum Foundation announced it will provide up to $1.25 million in funding to support the legal defense of Tornado Cash co-founder Roman Storm, which includes $500,000 in direct assistance and up to $750,000 in community matching donations. Roman Storm will be tried in U.S. federal court on July 14, facing charges of operating a remittance business without a license, money laundering, and violating sanctions. The foundation emphasized, "Privacy is normal, writing code is not a crime," and this move is seen as a key stance in support of Open Source and Web3 privacy freedom. Previously, Vitalik Buterin had donated 50 ETH to support Storm's defense.
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The Ethereum Foundation donated $500,000 to the defense of Tornado Cash co-founder Roman Storm in response to the trial in July.

PANews, June 14 - According to The Block, Tornado Cash co-founder Roman Storm is raising defense funds for the trial that will begin on July 14 in New York. The Ethereum Foundation announced a donation of $500,000 and pledged to match community donations up to a maximum of $750,000. The foundation stated, "Privacy is normal, and writing code is not a crime."
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The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm to address the trial in July.

Golden Finance reports that Tornado Cash co-founder Roman Storm is raising defense funds for the trial set to begin on July 14 in New York, with a target amount of $2 million. The Ethereum Foundation has announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive up to $750,000 in additional donations from the community."
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The Ethereum Foundation donates to support Roman Storm's legal defense.

Gate News bot news, according to Wu's report, the Ethereum Foundation has donated $500,000 to Roman Storm's legal defense fund. Meanwhile, the Foundation also announced the launch of a matching donation program, with a cap of $750,000 for matching donations, in line with community contributions. In this donation statement, the Ethereum Foundation emphasized the importance of privacy as a fundamental right and pointed out that writing code should not be considered a criminal act. Currently, supporters can participate in Roman Storm's legal defense fund donations through the Juicebox platform.
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Tornado Cash co-founder Roman Storm's criminal trial has been postponed to April 2025

Jinse Finance reported that a judge in New York ruled that Roman, co-founder of Tornado Cash,
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The U.S. Department of Justice continues to file Money Laundering lawsuits against Tornado Cash founder Storm.

According to Gate.io News bot, Decrypt reported that the U.S. Department of Justice's legal proceedings against Tornado Cash co-founder Roman Storm are still ongoing. The Department of Justice maintains charges against Storm for conspiracy to commit Money Laundering, evading sanctions, and transmitting criminal proceeds, but has dropped some charges related to unlicensed fund transfers. In the previous lawsuit, Storm defended its development of Tornado Cash on the grounds of the First Amendment, but the court ruled that using code to implement Money Laundering is not protected by freedom of speech.
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Tornado Cash co-founder: The accusations against me could potentially criminalize software development itself, with implications far beyond the encryption industry

Tornado Cash co-founder Roman Storm is facing prosecution for writing private encryption transaction Open Source code, stating that this could criminalize software development itself and impact innovation in various industries. His trial is scheduled for April 14, 2025. Ethereum founder Vitalik Buterin posted on X platform, stating that Tornado Cash team members will be the next outliers.
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Paradigm promises to provide $1.25 million in funding for Tornado Cash co-founders for legal defense

Investment company Paradigm will provide $1.25 million in sponsorship for the legal defense of Roman Storm, co-founder of the Cryptocurrency mixer Tornado Cash, who is accused of Money Laundering along with Roman Semenov.
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The Ethereum community calls on Trump to help release developers such as Virgil Griffith, Vitalik says "don't abandon anyone"

Golden Finance reported that Vitalik Buterin, co-founder of Ethereum, along with other members of the encryption community, called for the release of Virgil Griffith, a developer of Ethereum, Roman Storm, co-founder of Tornado Cash, and developer Alexey Pertsev. Buterin said on Wednesday, 'We don't abandon anyone'. Vitalik said, "You created Tornado Cash largely because of my suggestion. If I did that and didn't support you when you needed help, it would be a betrayal of basic honor. In the Ethereum community, we protect our own and uphold our honor." The day before, Trump signed an executive order pardoning Ross, the founder of the Silk Road.
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Tim Beiko: Define the concept of sharding for different levels of trustlessness to promote institutional adoption of Ethereum.

Odaily Star Daily News: Paradigm data researcher Storm said in a post that Ethereum is a Trojan horse. When institutions adopt Ethereum, they will unconsciously hegemonize the core principles of its Decentralization, transparency, and Open Source software. In response to this, Tim Beiko, a core developer of Ethereum, wrote: "If we want things to unfold this way, it would be a good thing to provide functionality equivalent to L2 'phases' or zkEVM 'types' for applications built on Ethereum. We should define Schelling points for different levels of trustlessness.
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