The Solana Policy Institute, a nonprofit Solana advocacy group, has pledged $500,000 toward the legal defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev, adding to growing financial support from the crypto community.
Storm was found guilty of operating an unlicensed money-transmitting business on Aug. 6, while Pertsev was found guilty in 2024 of money laundering in connection with developing Tornado Cash, a protocol allowing users to mask the origin and destination of their crypto.
The Solana Policy Institute said in a statement on Thursday that its $500,000 donation will help Storm (who is in post-trial motions seeking to overturn his conviction) and Pertsev’s appeal.
Through community fundraising, the Free Roman Storm fund has raised $5.5 million to aid with his legal defense, about $1.5 million away from its goal.
Ethereum heavyweights come out swinging
In a call for support back in July, Storm asked in an X statement for $1.5 million to help with mounting legal costs.
Ethereum core developer Federico Carrone said he would contribute $500,000 on Aug. 11, after he was detained by Turkish authorities over alleged links to an Ethereum privacy protocol.
The Ethereum Foundation also pledged to match up to $500,000 in donations to Storm’s defense fund following his conviction.
The Foundation had already donated $500,000 in June and promised to match up to an additional $750,000 in donations from the crypto community.
Ethereum co-founder Vitalik Buterin has also contributed to the cause, with two donations totalling 150 Ether, worth over $673,000 at current prices.
Other community members donate to Storm’s cause
In July, Bill Warren, a developer and contributor to Meta Cartel DAO, said the group’s entire treasury, an unspecified amount, had been cleared out to support Storm’s legal cause.
Julian Zawistowski, founder of the Golem project, confirmed that his team had donated 50 Ether in July as well, worth more than $224,000 at current prices.