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

2024-03-08 20:57:54
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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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