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162d 17h ago

Solana Policy Institute Donates $500K to Tornado Cash Developers’ Legal Defense for Roman Storm and Alexey Pertsev

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According to The Block, the Solana Policy Institute has donated $500,000 to the legal defense fund for Tornado Cash developers Roman Storm and Alexey Pertsev. Pertsev was sentenced to 64 months in the Netherlands for aiding a $1.2 billion money‑laundering scheme, while Storm was convicted in New York of unlicensed money transmitting; the jury did not reach unanimous verdicts on the related money‑laundering and sanctions charges. The contribution represents a significant institutional response within the crypto legal landscape, highlighting ongoing regulatory, compliance and litigation considerations for decentralized finance projects and stakeholder risk management.

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