Ethereum Foundation’s Generosity: A Million-Dollar Defense for a Code-Writing Criminal?

In a rather splendid display of altruism, the Ethereum Foundation (EF) has graciously bestowed a princely sum of $1.25 million to bolster the legal defenses of none other than Tornado Cash developer, Alexey Pertsev. This noble gesture comes as Pertsev prepares to mount an appeal against his rather unfortunate money laundering conviction in the Netherlands. Who knew coding could be so scandalous? 😏

“Privacy is normal, and writing code is not a crime,” the EF proclaimed in a rather audacious post on X, as if to suggest that perhaps the Dutch authorities have lost their sense of humor. This announcement was made on the 26th of February, a date that will surely go down in infamy for all aspiring coders. 🧐

In a delightful twist, Pertsev took to X to express his heartfelt gratitude for the EF’s generous donation, as if he were receiving a medal for bravery rather than a lifeline for his legal woes. “I’m very grateful that I can now completely focus on preparing my appeal. This means the world to me,” he declared, presumably while sipping a fine vintage. 🍷

Pertsev left prison custody in early February

The donation, one might say, arrived just in time, mere weeks after Pertsev was released from the clutches of prison custody in early February, a pretrial release that must have felt like a scene from a rather dull novel. 📖

This release marks a significant chapter in the ongoing legal saga surrounding Pertsev’s involvement with Tornado Cash, following his rather dramatic arrest by the Dutch authorities back in August 2022. One can only imagine the conversations over tea that ensued. ☕

As a Russian national residing in the Netherlands, Pertsev found himself on the wrong side of a Dutch court, which, in May 2024, found him guilty of money laundering and sentenced him to a staggering five years and four months in prison. Quite the holiday, wouldn’t you agree? 🏖️

This tale is still unfolding, and one can only hope for more delightful twists and turns as the story progresses. Stay tuned for further developments, if you dare! 😈

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2025-02-26 15:30