Share this article

Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden

Tornado Cash developers Alexey Pertsev, Roman Storm and Roman Semenov face allegations of money laundering.

Updated Mar 8, 2024, 8:23 p.m. Published Jan 24, 2024, 6:40 a.m.
jwp-player-placeholder

A legal fund for the defense of Tornado Cash developers Roman Storm and Alexey Pertsev has received more than $350K and public support from Edward Snowden, the former NSA whistleblower.

Tornado Cash's Roman Storm and Roman Semenov face allegations of money laundering and sanctions violations in the U.S.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

Storm, a dual U.S. and Russian citizen, was arrested by the Department of Justice (DOJ)and placed under house arrest in Washington State, with a trial expected in 2024 after he was charged with money laundering and sanctions violations in August 2023. He has pleaded not guilty to the charges. Roman Semenov, another developer and co-founder, was also charged but has not been arrested.

The DOJ alleges that more than $1 billion in crypto was moved through the mixing service, which tries to mask the wallet addresses and provide anonymity for the sender and the receiver. Pertsev has been in jail since 2023 in The Netherlands.

“2024 is the year that will define the rest of my life,” said Storm on X. “Honestly, I’m scared. But also hopeful that this community cares with a passion. Please donate towards my legal defense.”

Snowden retweeted that message asking people to help while adding that “Privacy is not a crime.”

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations

Richard Teng, CEO, Binance. (CoinDesk/Personae Digital)

Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to three Binance entities covering exchange, clearing, and brokerage functions.

What to know:

  • Binance has received authorization from Abu Dhabi Global Markets (ADMG) to operate under a comprehensive exchange, clearing, and brokerage framework.
  • The approval allows Binance to structure its operations into three regulated entities under the Nest brand, covering exchange, clearing, and trading functions.
  • Binance's presence in Abu Dhabi aligns with regulatory standards and underscores the region's role as a hub for financial innovation.