Ethereum Foundation donates $1.25 million to Tornado Cash developer's legal fees

The Ethereum Foundation (EF) has filed a lawsuit against Tornado Cash, a cryptocurrency that was convicted in the Netherlands on money laundering charges.
Cash developer Alexey Perchev
The company donated $1.25 million to help prepare the appeal for Mr Pertsev.
On the 26th (local time), the Ethereum Foundation announced through X that "privacy is a natural right, and writing code is
It is not a crime." Perchev shared the Ethereum Foundation's announcement on his X account and expressed his gratitude.
"I am extremely grateful and this support means a lot to me, as it allows me to focus on preparing my case," said Judith de Boer, who is representing Perchev.
In an interview with Cointelegraph, lawyer De Boer highlighted the broader implications of the appeal: "This donation shows the legal importance of this case.
This isn't just an issue for my clients. It's important to protect the rights of open source contributors and to ensure that privacy-preserving technology isn't unfairly criminalized.
"The second appeal is a second chance to overturn the ruling made at the first instance," he said. Meanwhile, the Ethereum Foundation's donation came just weeks after Perchev was released from custody in early February.
It was held.