No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, April 1, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Roman Storm Urges Crypto Community To Donate $500k

by TheAdviserMagazine
9 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Roman Storm Urges Crypto Community To Donate 0k
Share on FacebookShare on TwitterShare on LInkedIn


Roman Storm, the co-founder of the crypto mixing service Tornado Cash, has asked for help to raise an immediate $500,000 ahead of his trial on Monday on charges of money laundering and sanctions violations.

Storm posted on X on Saturday that he faces a “critical shortfall” and needs to raise $500,000 in the next few days, and will need another $1 million within the next few weeks to cover the cost of his legal battle.

“My team is working nonstop to defend code as free speech, protect software development, and push back against government overreach that threatens us all,” he added.

Source: Roman Storm

In May, Free Pertsev & Storm, an organization set up to provide legal aid to the Tornado Cash founders, projected that the total legal costs for Storm’s trial would be $2 million.

However, Storm said on Friday that his legal fees will mount to $3.5 million as his trial could last up to four weeks, double the initially anticipated two weeks, due to “complex legal arguments and unforeseen witnesses and evidence.”

Storm was arrested in August 2023 on counts of money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions and faces up to 45 years in prison if found guilty.

On Friday, Storm’s legal team attempted to postpone the trial, arguing that prosecutors disclosed a witness after the scheduled deadline had ended.

The judge overseeing Storm’s criminal trial, Judge Katherine Failla, said she would not allow any mention of the US Treasury’s sanctions levied against Tornado Cash, which were withdrawn in March.

Related: Ethereum Foundation pledges $500K to Roman Storm’s defense

In April, the crypto lobbying group the DeFi Education Fund petitioned the Trump administration to end the so-called “lawless prosecution” of open-source software developers, including Roman Storm.

57% of goal raised for Tornado Cash trial

Storm is attempting to raise $3.5 million in total. At the time of writing, Storm has managed to raise $1.96 million, approximately 57% of the goal.

Since the donations are made in Ether (ETH), the amount raised can fluctuate. Currently, ETH is trading at $3,030, up 2.9% in the past 24 hours, according to Nansen.

Last month, the Ethereum Foundation said it would donate $500,000 and match community donations up to $750,000 for Storm’s legal defense.

MetaCartel’s Bill Warren said that the MetaCartel DAO has given all the funds it had left in its treasury to support the cause.

Magazine: Inside a 30,000 phone bot farm stealing crypto airdrops from real users



Source link

Tags: 500KCommunityCryptodonateRomanStormurges
ShareTweetShare
Previous Post

Gold prices hit 3-week high at Rs 98,132/10 grms, silver surges to record. Here’s how to trade

Next Post

Alibaba-backed Moonshot releases Kimi K2 AI rivaling ChatGPT, Claude

Related Posts

edit post
Ethereum Faces Selling Pressure On Charts While Supply Remains Locked

Ethereum Faces Selling Pressure On Charts While Supply Remains Locked

by TheAdviserMagazine
March 31, 2026
0

Ethereum is navigating a challenging market phase, with price facing persistent selling pressure despite a tightening supply landscape. On the...

edit post
Cardano’s B network has little real activity — its new system aims to fix that

Cardano’s $9B network has little real activity — its new system aims to fix that

by TheAdviserMagazine
March 31, 2026
0

The Midnight Foundation declared its network live on Mar. 29, with the genesis block dated Mar. 17.That launch gives Cardano's...

edit post
Chainalysis Deploys AI Agents to Counter Criminal Use of Artificial Intelligence in Crypto – Crypto News Bitcoin News

Chainalysis Deploys AI Agents to Counter Criminal Use of Artificial Intelligence in Crypto – Crypto News Bitcoin News

by TheAdviserMagazine
March 31, 2026
0

Chainalysis Brings AI-Powered Investigation Tools to Compliance Teams The announcement came at the company’s annual Links conference, where CEO Jonathan...

edit post
Galaxy Launches SOL Staking On GalaxyOne, Expands Retail Crypto Push

Galaxy Launches SOL Staking On GalaxyOne, Expands Retail Crypto Push

by TheAdviserMagazine
March 31, 2026
0

Galaxy Digital has introduced a Solana staking feature on its GalaxyOne retail platform, furthering its push into consumer crypto services...

edit post
A 0B Crypto Time Bomb? Google Says Quantum Computing Could Rewrite Bitcoin Security

A $150B Crypto Time Bomb? Google Says Quantum Computing Could Rewrite Bitcoin Security

by TheAdviserMagazine
March 31, 2026
0

Quantum computing is moving from theory to practice, and a new whitepaper warns that major cryptocurrencies need to react much...

edit post
XRP Advocate John Deaton Says The Real Risk Isn’t A CBDC — It’s A Future SEC Chair

XRP Advocate John Deaton Says The Real Risk Isn’t A CBDC — It’s A Future SEC Chair

by TheAdviserMagazine
March 31, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Deaton, the U.S. crypto lawyer who...

Next Post
edit post
Alibaba-backed Moonshot releases Kimi K2 AI rivaling ChatGPT, Claude

Alibaba-backed Moonshot releases Kimi K2 AI rivaling ChatGPT, Claude

edit post
Seven consortia enter Gush Dan congestion charge tender

Seven consortia enter Gush Dan congestion charge tender

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
Hospitals in This State Routinely Sue Patients Over Unpaid Bills

Hospitals in This State Routinely Sue Patients Over Unpaid Bills

March 27, 2026
edit post
States Pay Deloitte, Others Millions To Comply With Trump Law To Cut Medicaid Rolls

States Pay Deloitte, Others Millions To Comply With Trump Law To Cut Medicaid Rolls

0
edit post
GW Law Seeking IP Fellow for Frank H. Marks Visiting Position

GW Law Seeking IP Fellow for Frank H. Marks Visiting Position

0
edit post
Global Market | Investors balancing fear and opportunity in current geopolitical uncertainty: Cameron Brandt

Global Market | Investors balancing fear and opportunity in current geopolitical uncertainty: Cameron Brandt

0
edit post
The Austrian Fix for the Manufactured Iranian Energy Crisis

The Austrian Fix for the Manufactured Iranian Energy Crisis

0
edit post
Cardano’s B network has little real activity — its new system aims to fix that

Cardano’s $9B network has little real activity — its new system aims to fix that

0
edit post
SpaceX readies ‘Project Apex’ mega IPO with 21 banks – report (SPACE:Private)

SpaceX readies ‘Project Apex’ mega IPO with 21 banks – report (SPACE:Private)

0
edit post
Global Market | Investors balancing fear and opportunity in current geopolitical uncertainty: Cameron Brandt

Global Market | Investors balancing fear and opportunity in current geopolitical uncertainty: Cameron Brandt

April 1, 2026
edit post
SpaceX readies ‘Project Apex’ mega IPO with 21 banks – report (SPACE:Private)

SpaceX readies ‘Project Apex’ mega IPO with 21 banks – report (SPACE:Private)

April 1, 2026
edit post
Red tide in equity funds: Only a few stay afloat

Red tide in equity funds: Only a few stay afloat

March 31, 2026
edit post
Psychology says the reason walking away from disrespectful people feels like guilt instead of freedom is because you were raised in an environment where your comfort was never a valid reason to make someone else uncomfortable — and unlearning that equation is the hardest boundary work there is

Psychology says the reason walking away from disrespectful people feels like guilt instead of freedom is because you were raised in an environment where your comfort was never a valid reason to make someone else uncomfortable — and unlearning that equation is the hardest boundary work there is

March 31, 2026
edit post
Gen Restaurant Group targets 5M-5M 2026 revenue while projecting CPG run rate over 0M within 3 years (NASDAQ:GENK)

Gen Restaurant Group targets $215M-$225M 2026 revenue while projecting CPG run rate over $100M within 3 years (NASDAQ:GENK)

March 31, 2026
edit post
Ethereum Faces Selling Pressure On Charts While Supply Remains Locked

Ethereum Faces Selling Pressure On Charts While Supply Remains Locked

March 31, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Global Market | Investors balancing fear and opportunity in current geopolitical uncertainty: Cameron Brandt
  • SpaceX readies ‘Project Apex’ mega IPO with 21 banks – report (SPACE:Private)
  • Red tide in equity funds: Only a few stay afloat
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.