Twister Money builders Roman Storm and Alexey Pertsev acquired renewed help from the crypto group on their respective trials for deploying the open-source code behind the mixer.
The Ethereum Basis on June 12 donated $500,000 to Twister Money developer Roman Storm’s authorized protection. It stated it is going to match one other $750,000 from public contributors because the US cash laundering case approaches trial.
Storm acknowledged the pledge minutes in a while X, describing it as important to “standing up for privateness and the fitting to code.” The brand new dedication follows a $1.25 million grant from enterprise agency Paradigm earlier this 12 months and brings complete community-raised backing for Stormto roughly $3 million.
The Twister Money developer at the moment stays on $2 million bail in Washington state. Prosecutors arrested him on August 23, 2023, and charged him with conspiring to launder greater than $1 billion in crypto, together with funds moved by North Korea’s Lazarus Group.
A federal choose has saved the July 14, 2025, jury date on the calendar.
Advocacy teams file transient for Pertsev
Within the Netherlands, Coin Middle and the DeFi Schooling Fund lodged an amicus transient supporting Twister Money coder Alexey Pertsev’s attraction of his cash laundering conviction. The submitting argues that immutable good contract code is a impartial instrument and that holding builders liable would chill open-source innovation.
Pertsev’s case already drew a $1.25 million Ethereum Basis grant on February 26 that carried the identical “privateness is regular, and writing code will not be against the law” message seen in Storm’s funding drive.
Dutch brokers arrested Pertsev in Amsterdam on August 10, 2022, two days after the US Treasury sanctioned Twister Money.
Judges tried him on March 25 and 26, 2024, and sentenced him to 64 months for facilitating the laundering of roughly $1.2 billion on Could 14. He left jail beneath digital monitoring on February 7, 2025, whereas his attraction proceeds in s-Hertogenbosch.
OFAC delisted Twister Money good contract addresses on March 21 after an appeals court docket dominated the immutable code couldn’t be sanctioned as property. The elimination eased token restrictions however didn’t finish the parallel legal circumstances in opposition to the builders.
Talked about on this article
