Solana lobby group adds $500K to Roman Storm’s defense war chest
Through community fundraising, the Free Roman Storm fund has raised nearly $5.5 million to aid with his legal defense.
The Solana Policy Institute, a nonprofit Solana advocacy group, has pledged $500,000 toward the legal defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev, adding to growing financial support from the crypto community.
Storm was found guilty of operating an unlicensed money-transmitting business on Aug. 6, while Pertsev was found guilty in 2024 of money laundering in connection with developing Tornado Cash, a protocol allowing users to mask the origin and destination of their crypto.
The Solana Policy Institute said in a statement on Thursday that its $500,000 donation will help Storm (who is in post-trial motions seeking to overturn his conviction) and Pertsev’s appeal.
Source: Cointelegraph →Related News
- 1 hour ago
Crypto 'waiting room' ahead of market top in Q1 2026: Raoul Pal
- 1 hour ago
AI agents need intent-based blockchain infrastructure
- 1 hour ago
Tokenized alternative funds jump 47% to $1.7B in 30 days
- 2 hours ago
Is XRP going to crash in September?
- 2 hours ago
Dutch crypto firm Amdax targets 1% Bitcoin supply with $23M treasury launch