Solana Institute Provides $500,000 Support for Tornado Cash Developers’ Legal Defense

The Solana Policy Institute (SPI) has pledged $500,000 to aid the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, who face potential prison sentences related to their involvement with the crypto mixing service. The funding comes as both developers continue to fight their convictions for money laundering, with Pertsev being sentenced to 64 months in the Netherlands and Storm facing charges for operating an unlicensed money transmitting business in New York.