Ethereum Foundation Invests $1.25 Million in Alexey Pertsev’s Legal Defense

The Ethereum Foundation has pledged $1.25 million to support the legal defense of Alexey Pertsev, co-founder of Tornado Cash. This funding comes amidst ongoing legal battles and a fight for freedom for Pertsev, who was recently transferred from prison to electronic monitoring. The Foundation is committed to supporting on-chain privacy and believes Pertsev’s code did not intend to facilitate criminal activity.