Tornado Cash Co-Founder Seeks $1M in Additional Funding to Lodge an Appeal
- Tornado Cash developer has appealed for more donations.
- The funds raised will offset the costs of his appeal.
- The developer is currently detained by Dutch authorities.
Tornado Cash co-founder Alexey Pertsev is seeking donations to fund a “costly appeal” against a May 14 ruling by a Netherlands court, which found him guilty of money laundering.
The Dutch court sentenced Pertsev to 64 months in prison, a verdict that sent shock waves across the crypto industry, leaving many outraged . Adding to this misery, the 31-year-old Russian developer remains incarcerated by Dutch authorities after his bail request to prepare for the appeals process was denied on July 12.
Pertsev Requests Funding for the Appeal
In a recent X (Twitter) post , the support account for Pertsev and Roman Storm appealed for donations on behalf of the developer, noting that he was facing an expensive appeal against a “government willing to use all of their resources to persecute him.”
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The post said users could donate to the cause in two ways. This includes using fiat or Ether via WeWantJusticeDAO, or ETH via Juicebox, a programmable funding platform for crypto and web3. Users who opt for Juicebox will stand a chance to grab an exclusive NFT.
The crypto community has rallied behind the campaign, raising 15.35 ETH via Juicebox as of press time. This included an anonymous donation of 5 ETH from one user.
Read why Tornado Cash users risk account liquidation:
Tornado Cash Users Risk Account Liquidation, OKX Warns
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Stay updated on Roman Storm’s case:
Tornado Cash Dev Roman Storm Seeks Trial Date Continuance
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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