<ul data-eligibleForWebStory="true"><li>The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm's legal defense.</li><li>The foundation also committed to matching up to an additional $750,000 in community donations.</li><li>Storm is striving to raise $2 million for his trial scheduled to commence on July 14 in New York.</li><li>He is facing charges related to money laundering conspiracy and violating U.S. sanctions laws associated with the Tornado Cash protocol.</li><li>The protocol allegedly facilitated illicit transactions, including those tied to North Korea’s Lazarus Group.</li><li>Storm contends that Tornado Cash was developed to protect financial privacy, not for illegal activities.</li><li>His legal defense has garnered attention within the crypto community as a test for open-source developers' rights.</li><li>The Ethereum Foundation's donation reflects growing institutional worry about legal actions against blockchain developers and privacy tools.</li><li>The aim of the foundation's contribution and matching fund is to rally broader support from the crypto ecosystem with the impending trial.</li></ul>

Ethereum Foundation Donates $500K to Tornado Cash Co-Founder Roman Storm’s Legal Defense

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