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ETH $2,485.21 -0.26%
BNB $752.50 +1.70%
XRP $1.42 +1.30%
SOL $103.34 -0.57%
TRX $0.3388 +1.33%
DOGE $0.0900 -0.74%
ADA $0.2195 -0.57%
BCH $258.62 +0.01%
LINK $12.53 -1.85%
HYPE $85.03 -0.24%
AAVE $128.85 -2.70%
SUI $0.8111 -0.84%
XLM $0.1878 -3.10%
ZEC $1,176.77 +3.04%

The Arbitrum community has initiated a proposal vote to "fund the legal defense of Tornado Cash developers."

2024-03-08 20:57:54

ChainCatcher news, according to the Snapshot governance page, the Arbitrum community has initiated a proposal vote to "fund the legal defense of Tornado Cash co-founder Roman Storm and Tornado Cash developer Alexey Pertsev."

The proposal states that Tornado Cash is a beacon of privacy and security in the crypto industry, providing users with a reliable way to conduct private transactions on the Ethereum blockchain. The goal of this proposal is twofold: to provide strong legal defense for both individuals and to uphold the rights of developers who contribute to the deployment of permissionless open-source software. By rallying support for their legal fund, it aims to protect the future of privacy-preserving technology while also safeguarding broader principles such as innovation, decentralization, and personal sovereignty within the crypto industry.

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