According to Foresight News, Cointelegraph reported that JusticeDAO has raised 654 ETH (about $2.3 million) in legal defense funds for Tornado Cash developers. JusticeDAO previously raised funds through the "Free Alexey & Roman" campaign launched by the decentralized platform Juicebox. Juicebox released a public spreadsheet to track the expenditures of the Free Alexey & Roman fund. Data shows that the fund spent $1.39 million in legal fees between December 2023 and May 2024, and is expected to spend another $2.8 million in the next five months, and an additional $400,000 on expert research and additional legal fees. The total cost is expected to reach nearly $3.35 million in 2024.
Previously, Tornado Cash developers were charged with money laundering, sanctions violations, and unlicensed remittance operations. One of them has been convicted and imprisoned. The U.S. Treasury Department accused Tornado Cash of being used to launder more than $7 billion. Storm and Roman Semenov were charged with money laundering and sanctions violations.
