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Solana backs Tornado Cash developers’ defense with $500K donation – TON BOT

Solana backs Tornado Cash developers’ defense with $500K donation

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The Solana Policy Institute has pledged $500,000 to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The developers created an Ethereum-based privacy protocol allowing anonymous crypto transactions. Courts held them liable for illicit activities. The crypto community argues developers should not be held responsible for third-party activity. Industry experts warn against establishing a precedent that threatens innovation in the software industry. Solana recently welcomed a Tornado Cash-style platform on its network called Privacy Cash, offering users a way to transfer digital assets with near-total anonymity.

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