Crypto community raises $2.3 million for Tornado Cash legal fund

The crypto community has rallied to support the developers of Tornado Cash (CRYPTO:TORN), raising $2.3 million for their legal defense through JusticeDAO.

The developers face charges of money laundering and operating an unlicensed money-transmitting business.

Despite claims from the community that writing code should not be criminalised, regulators disagree.

The case has significant implications, with legal experts warning it could drive developers underground if they fear criminal liability.

The upcoming trial of Roman Storm will be crucial for the crypto industry, particularly for privacy-focused services.