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Vitalik Buterin donated 50 ETH to the developers of the Tornado Cash cryptomixer
Ethereum co-founder Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin has donated 50to support the developers of the Tornado Cash project. This initiative is aimed at helping the team, which has been facing difficulties since the US Treasury Department’s sanctions in August 2022. The donation was made to the Tornado Cash Defense Fund, an initiative created to finance the legal defense of the developers.
Tornado Cash is a decentralized service that allows users to hide transactions on the Ethereum network by mixing coins. After the service was added to the US sanctions list, its creators were accused of facilitating money laundering. According to the US authorities, billions of dollars worth of cryptocurrency was laundered through Tornado Cash, including the amounts attributed to the Lazarus hacker group from North Korea.
This is not the first time Vitalik Buterin has demonstrated support for the cryptocurrency community. He has previously emphasized the importance of decentralized technologies and privacy protection. His contribution could be an important step in the fight for developers' rights in the new legal reality for the crypto industry.
This event once again highlights how the crypto community is facing challenges from government regulation, especially in matters relating to privacy and transaction anonymity. Support from key figures such as Buterin adds weight to discussions about the future of cryptocurrencies and related services in the modern world.