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BCH $211.60 -0.55%
LINK $8.30 -2.77%
HYPE $57.22 -2.79%
AAVE $91.26 -5.45%
SUI $0.7060 -5.51%
XLM $0.1770 -3.89%
ZEC $477.61 -6.44%

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

2024-03-08 20:57:54
Collection

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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