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ETH $2,491.71 -0.35%
BNB $751.06 +1.23%
XRP $1.41 +0.76%
SOL $103.51 -0.66%
TRX $0.3390 +1.35%
DOGE $0.0900 -1.36%
ADA $0.2185 -1.52%
BCH $257.51 -1.68%
LINK $12.47 -2.27%
HYPE $85.30 -0.04%
AAVE $129.00 -2.64%
SUI $0.8115 -2.57%
XLM $0.1878 -3.17%
ZEC $1,180.16 +3.31%

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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