Solana lobby group adds $500K to Roman Storm’s defense war chest

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDgvMDE5OGY0MWMtMGVlYy03ODc2LTg3MGItMmMyYzdjNDQyM2Ni

Through community fundraising, the Free Roman Storm fund has raised nearly $5.5 million to aid with his legal defense.

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.

Read more