Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Samsung is poised to become a dominant stablecoin distributor, analysts say

14/08/2026

Grayscale plans regular cash payouts from ETH, SOL staking rewards

14/08/2026

Nigeria sets crypto tax collection rules for digital asset platforms

14/08/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Kraken holds the instant liquidation switch on a crypto firm’s 479 Bitcoin if price drops to $45,094

    14/08/2026

    New Bitcoin Comments from Bloomberg’s Legendary Analyst Mike McGlone – “We’re in a Bear Market”

    14/08/2026

    Bitcoin Drops Below $64,000 as Strategy Sells 1,690 BTC

    14/08/2026

    Bitcoin Notches Its Best Q3 Since 2021: Can It Hold?

    14/08/2026

    Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

    14/08/2026

    Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF

    14/08/2026

    Bitmine Adds $289.4M in ETH to Staking, Now Controls 4.2% of Ethereum Supply

    14/08/2026

    Jeffrey Huang Loses $2.5M in ETH Long Liquidations, Reopens High-Leverage Position

    14/08/2026

    Grayscale plans regular cash payouts from ETH, SOL staking rewards

    14/08/2026

    Mysterious Wallet Claims 162 Billion SHIB From Coinbase

    14/08/2026

    XRP Validator Opposes Lower Reserve Requirements for Account Activation

    14/08/2026

    Armstrong says his posts aren’t endorsements. Traders ignore him anyway.

    14/08/2026

    Jeffrey Huang Sells BAYC NFT at Loss to Sustain ETH Long Position

    14/08/2026

    Spritehood NFTs raise $1.28M on Robinhood Chain

    12/08/2026

    The controversial return of Pudgy Penguins founder ColeThereum

    11/08/2026

    67 Investors Paid $10M for NFT Tokens That Launched Worthless

    09/08/2026

    Samsung is poised to become a dominant stablecoin distributor, analysts say

    14/08/2026

    Grayscale plans regular cash payouts from ETH, SOL staking rewards

    14/08/2026

    Nigeria sets crypto tax collection rules for digital asset platforms

    14/08/2026

    M3 DAO Joins GXT Exchange to Broaden Trading and Liquidity Access

    14/08/2026
  • Blockchain

    Robinhood Memecoin Blockchain Trading Volume Explodes: MemeToro AI Presale Next?

    14/08/2026

    MemeToro AI Presale Ready to Capture Memecoin Hype

    14/08/2026

    ADI Chain and Shipfinex to Tokenize $680B Ship Finance Market on Blockchain

    13/08/2026

    APAC tokenized assets adoption jumps to 68% among investors, survey finds

    13/08/2026

    All You Need to Know About BNB’s Crucial Update

    13/08/2026
  • DeFi

    Neutrl pauses NUSD redemptions over undisclosed reserve issue

    14/08/2026

    Uniswap Founder Says Team Renounced Creator Fees From Employee Testing

    14/08/2026

    SushiSwap-Backed Pools.fun Announces Protocol Token Launch with Buyback and Airdrop Plans

    13/08/2026

    ‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje

    13/08/2026

    Ether.fi rolls out next-generation neobank services

    13/08/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    Samsung is poised to become a dominant stablecoin distributor, analysts say

    14/08/2026

    India’s New Closing Auction System Triggers Market Volatility.

    14/08/2026

    Canaan to Sell Crypto Holdings to Fund Share Buybacks

    14/08/2026

    Nearly 70% of Russians see no use for crypto under Moscow’s new terms

    14/08/2026

    SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings

    14/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    M3 DAO Joins GXT Exchange to Broaden Trading and Liquidity Access

    14/08/2026

    Weekly Trading Volume in the Cryptocurrency Market Drops to Lowest Level Since 2026!

    14/08/2026

    Prediction Markets Explode in July as World Cup Fueled $54B in Trades

    14/08/2026

    Coinbase Oil Futures Launch 24/7 Trading as CME Battles CFTC

    14/08/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    why gameplay now beats crypto rewards

    29/07/2026

    Soluna has 6.3 GW of data center projects on paper, only 192 MW are operating

    14/08/2026

    Bitcoin miner stocks rally in 2026 – How AI infrastructure reshaped BTC’s outlook

    14/08/2026

    Riot Platforms Sells 4,300 BTC to Fund Operations

    13/08/2026

    Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

    13/08/2026

    Nigeria sets crypto tax collection rules for digital asset platforms

    14/08/2026

    South Korea confirms Jan. 2027 launch for long delayed crypto tax

    14/08/2026

    As Clarity Act teeters, mystery group hammers away at crypto in Washington ads

    14/08/2026

    Five Convicted of Imprisoning Crypto Millionaires in London ‘Torture’ Ordeal

    14/08/2026

    Samsung is poised to become a dominant stablecoin distributor, analysts say

    14/08/2026

    Grayscale plans regular cash payouts from ETH, SOL staking rewards

    14/08/2026

    Nigeria sets crypto tax collection rules for digital asset platforms

    14/08/2026

    M3 DAO Joins GXT Exchange to Broaden Trading and Liquidity Access

    14/08/2026
  • MarketCap
NBTC News
Home»Legal»Ethereum Foundation pledges $1.25 million to Tornado Cash developer Alexey Pertsev’s legal defense
Legal

Ethereum Foundation pledges $1.25 million to Tornado Cash developer Alexey Pertsev’s legal defense

NBTCBy NBTC26/02/2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The Ethereum Foundation(EF) announced today a $1.25 million donation to support the legal defense of Alexey Pertsev, stating that “Privacy is normal, and writing code is not a crime.”

The EF is donating $1.25M to the legal defense of Alexey Pertsev.

Privacy is normal, and writing code is not a crime.

You can contribute to @alex_pertsev’s defense here: https://t.co/shWFNoDJ9g https://t.co/ITvEiRkAGt

— Ethereum Foundation (@ethereumfndn) February 26, 2025

Pertsev is working on appealing his conviction and 64-month prison sentence for money laundering, which was handed down in May 2024. He was conditionally released from pretrial detention earlier this month, and is currently placed under electronic monitoring.

The Foundation’s move follows Paradigm’s $1.25 million donation to aid Roman Storm, Tornado Cash’s co-founder, in his legal defense against US prosecution last month.

The donation comes in response to concerns about the prosecution’s case, which Paradigm co-founder Matt Huang argues “threatens to hold software developers criminally liable for the bad acts of third parties.”

Last December, Ethereum co-founder Vitalik Buterin contributed 50 ETH, worth approximately $170,000, to a legal defense fund for Storm and Pertsev through the Juicebox project Free Pertsev and Storm.

Storm indicated the contribution represented about 25% of the $650,000 available through JusticeDAO ahead of his trial.

Thank you @VitalikButerin for helping us end the year on a good note, with a 50 ETH donation to both Roman and Alexey’s legal aid.

ZK is the future. https://t.co/WIY8B6v4qapic.twitter.com/sM16LhnUc7

— Free Pertsev & Storm (@FreeAlexeyRoman) December 31, 2024

Pertsev was arrested by Dutch authorities in 2022 for his involvement in the crypto mixing service. In May 2024, he was found guilty of money laundering and received a prison sentence exceeding five years.

US prosecutors later charged Storm and Roman Semenov with money laundering, sanctions violations and fraud related to their roles with Tornado Cash. Storm was granted bail before his trial, scheduled for April 14, while Semenov remains at large.

The charges followed the US Treasury’s Office of Foreign Assets Control adding the mixer to its Specially Designated Nationals list in August 2022. US officials claimed bad actors, including North Korean hackers, had used Tornado Cash to launder over $7 billion worth of crypto assets since 2019.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Nigeria sets crypto tax collection rules for digital asset platforms

14/08/2026

South Korea confirms Jan. 2027 launch for long delayed crypto tax

14/08/2026

As Clarity Act teeters, mystery group hammers away at crypto in Washington ads

14/08/2026

Five Convicted of Imprisoning Crypto Millionaires in London ‘Torture’ Ordeal

14/08/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Samsung is poised to become a dominant stablecoin distributor, analysts say

14/08/2026

Grayscale plans regular cash payouts from ETH, SOL staking rewards

14/08/2026

Nigeria sets crypto tax collection rules for digital asset platforms

14/08/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.