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The Ethereum Foundation has pledged $500,000 to match donations for Tornado Cash co-founder Roman Storm’s legal defense after his conviction on unlicensed money transmission charges. The case highlights the U.S. government’s escalating crackdown on privacy-focused crypto tools, setting a precedent that could criminalize code development.
- Ethereum Foundation matches $500K in donations for Storm's appeal, calling code development 'not a crime'.
- Jury deadlocked on money laundering charges, leaving Storm vulnerable to decades if retried.
- Samourai Wallet founders' guilty plea signals widening crackdown on crypto privacy tools.
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