ETHEREUM FOUNDATION DONATES TO TORNADO CASH CO-FOUNDER'S DEFENSE

Summary from the TLDR Crypto newsletter

The Ethereum Foundation has donated $500,000 to fund Tornado Cash co-founder Roman Storm's legal defense and will match up to $750,000 more in community contributions. His trial will start on July 14 in New York. Storm faces conspiracy charges for money laundering and sanctions violations tied to the 2022 OFAC sanction on Tornado Cash, though unlicensed money-transmitter counts were dropped under the previous administration. The Foundation's support is justified by its belief that privacy is normal and writing code is not a crime.