ETHEREUM Foundation has pledged $ 1.25 million to the legal defense of the Tornado Cash developer

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ETAREMM has given its weight behind Alexey Pertsev, which donated $ 1.25 million to legal defense, and tarnished discussions on open source of privacy and development rights.

The rights of the heroes developer in Ethereum with legal funds donation

ETHEREUM has adhered to $ 1.25 million to legal defense for Alexey Pertsev, a developer behind Tornado Cash, which represents an important moment in the continuous debate on the privacy of encryption and open source development rights.

Upon announcing the contribution on February 26, Ethereum affirmed the need to defend financial privacy and the right to develop decentralized technology without fear of prosecution. In a general statement, the organization Assure:

“Privacy is normal, writing is a symbol is not a crime.”

Persev, who appeals to his condemnation in the Netherlands, expressed his deep gratitude for financial support, noting that he will allow him to focus entirely on the appeal process.

“Thank you ethereum Foundation to make a major donation of the legal defense of the case in the Netherlands. I’m very grateful because I can now focus completely on preparing my attractiveness.”

This step has pushed widespread support through the encryption community, with the founder of ETHEREUM, the Vitalik Buterin, and various privacy defenders who owe the trial of developers who contribute to open source projects. The Stock Exchange 0x0, which focuses on privacy feelings, said:

“Privacy is a basic right, and the developers should not be punished to write an open source code. This is a crucial moment for the future of encryption privacy.”

Tornado cash, penalties, and the upcoming legal battle

The legal challenges facing Persif began in 2022 after the approval of the US Treasury on the hurricane funds, claiming that the encryption mixing protocol had facilitated illegal transactions. After that, the Dutch authorities arrested Persif, accused of money laundering for his role in developing the platform. In May 2024, a Dutch court sentenced him to five years in prison for failing to prevent criminal activity through the tool he participated in developing.

Earlier this month, Pertsev was released from detention, highlighting the financial pressure in its legal battle and emphasizing the decisive role of societal donations in maintaining its defensive efforts.

“Freedom is invaluable, but my freedom costs a lot of money. The arrest of my house was not only possible thanks to the work of lawyers who were paid from your donations.”

Meanwhile, the founders participating in his hurricane, Roman Siminov and the Roman storm, are facing legal audit in the United States, as the authorities accused them of conspiracy to commit money laundering.

However, the broader legal scene surrounding Tornado Cash took a major turn earlier this year when a US court canceled Treasury sanctions against the protocol. The ruling decided that the government exceeded its regulatory authority by targeting unchangeable smart contracts instead of specific entities or individuals. This precedent can affect continuous and future situations that involve the techniques of maintaining privacy in the coded currency area.

With ETAREUM’s support, the PERTSEV case is still a pivotal point of discussion on a balance between financial privacy, organizational supervision and the responsibility of the developer in decentralized financing.

ETHEREUM Prices: ETH face rejection at $ 2,500, eyes of $ 2,350 support

ETHEREUM price expectations indicate an increase in negative risks after failing to get more than $ 2,500, with a rhythm momentum accelerating the main support at $ 2,350.

ETHEREUM (ETH) extends a losing chain after violating the level of $ 2,500, which confirms the increase in the sale pressure. The Daily Chart explains the ETH trading within Keltner’s concession channel, with a refusal to make the price off the midfield near $ 2,500 before sliding towards the minimum border at $ 2,342. This indicates the intensification of the negative side pressure, which may lead to more declines if buyers fail to defend the main support of $ 2,350.

The MACD index remains in negative lands, with the expansion of the signal line below the graph, which enhances the increasing landfill. The intersection structure reflects the sellers who dominate work, and is in line with the ETH decrease by 14.65 % during the past two days. It can open nearly 2,350 dollars the path to a deeper decline near $ 2,200.

However, if ETH is able to restore $ 2,500, the short -term relief raised will be about 2700 dollars as possible, and depends on improving the purchase pressure. The broader trend is still inaccurate, as bulls need a decisive payment above $ 2700 to deny the landfill and target the resistance level of $ 3,055.