Vitalik Buterin Supports Tornado Cash Developer Roman Storm, Raises Over $6.39M for Legal Defense
- Legal Support Action: Ethereum co-founder Vitalik Buterin publicly supports Tornado Cash developer Roman Storm, who faces up to five years in prison for operating an unlicensed money transmitting business, highlighting the importance of privacy tools as protections against digital surveillance.
- Fundraising Achievement: Storm's legal defense fund raised over $6.39 million in 2025, with the Ethereum Foundation pledging $500,000, reflecting strong community support and concern for developers of privacy-preserving technologies.
- Industry Legal Risks: The case underscores the growing legal risks faced by developers of privacy-preserving blockchain technologies, especially following the 64-month sentence of Storm's co-founder Alexey Pertsev in 2024, which has intensified industry divisions on this issue.
- Policy Statement Impact: Although Acting Assistant Attorney General Matthew Galeotti stated that writing code without criminal intent is not a crime, this non-binding remark has not alleviated concerns regarding developers' legal liabilities, potentially impacting the pace of future technological innovation.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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