Thursday, June 5, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Edward Snowden Backs Tornado Cash Founder’s Fundraiser

January 23, 2024
in Web3
Reading Time: 4 mins read
0 0
A A
0
Home Web3
Share on FacebookShare on TwitterShare on E Mail



Whistleblower turned worldwide fugitive Edward Snowden right this moment backed and endorsed the authorized protection fund for the Twister Money founder. 

In a Tuesday submit on Twitter, the exiled former CIA contractor requested followers to pitch in to assist Roman Storm, co-founder of the as soon as fashionable however fatally sanctioned cryptocurrency mixing service.

Yesterday, Storm mentioned on Twitter that he would launch a marketing campaign—within the type of a decentralized autonomous group (DAO)—to boost cash for a lawyer. Final 12 months, the U.S. Division of Justice arrested Storm and charged him with cash laundering for his half within the creation of Twister Money. 

Twister Money was a preferred cryptocurrency coin mixing software that allowed customers to anonymously ship and obtain Ethereum, the second largest digital asset by market cap.

However the Division of the Treasury’s Workplace of Overseas Property Management (OFAC) in 2022 banned Individuals from utilizing the service, claiming that criminals had used it to launder soiled cash. 

They then alleged that Storm and his colleague Roman Semenov laundered greater than $1 billion in prison proceeds. Developer Alex Pertsev was additionally arrested. 

However the brand new fundraiser’s web site argues that “the arrests of Roman Storm and Alex Pertsev are thought of a direct assault on the open-source improvement area and should have devastating penalties for builders who write and publish code.”

“For those who might help, please assist,” Snowden mentioned in a retweet of Storm’s plea. “Privateness isn’t against the law.”

Snowden, who has been residing in exile in Russia since being charged by the U.S. authorities with espionage in 2013, has lengthy been a privateness and cryptocurrency advocate. 

He mentioned final 12 months that the sanctioning of Twister Money was “deeply intolerant and profoundly authoritarian.”

Snowden additionally helped create the privateness coin Zcash and has spoken about how folks ought to use cryptocurrencies moderately than purchase them as an funding.

Snowden has additionally identified Bitcoin’s privateness drawback. The largest cryptocurrency by market cap is pseudonymous: a person’s identification isn’t recorded on the blockchain however each single transaction is. 

Authorities are, due to this fact, in a position to observe down individuals who ship and obtain the digital coin if crucial.

Edited by Ryan Ozawa.

Keep on prime of crypto information, get each day updates in your inbox.



Source link

Tags: BacksCashEdwardfoundersFundraiserSnowdenTornado
Previous Post

How I Turned My Business’ Fast Growth Into Sustainable Growth

Next Post

Examples of IBM assisting insurance companies in implementing generative AI-based solutions

Related Posts

Chair Paul Atkins Says It’s a ‘New Day’ for the SEC, Calls for ‘Rational’ Crypto Regulation
Web3

Chair Paul Atkins Says It’s a ‘New Day’ for the SEC, Calls for ‘Rational’ Crypto Regulation

June 4, 2025
Another Bitcoin Buyer? Nasdaq-Listed Reitar Logtech Plans $1.5 Billion BTC Purchase
Web3

Another Bitcoin Buyer? Nasdaq-Listed Reitar Logtech Plans $1.5 Billion BTC Purchase

June 2, 2025
Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs
Web3

Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

June 1, 2025
Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve
Web3

Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve

May 31, 2025
GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy
Web3

GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy

May 29, 2025
Binance Labs backed Web3 Startup with prominent founders Mario Ho and Jackson Wang to Launch Non-Fungible RWA Protocol Ecosystem
Web3

Binance Labs backed Web3 Startup with prominent founders Mario Ho and Jackson Wang to Launch Non-Fungible RWA Protocol Ecosystem

May 30, 2025
Next Post
Examples of IBM assisting insurance companies in implementing generative AI-based solutions

Examples of IBM assisting insurance companies in implementing generative AI-based solutions

Solana Dominates Ethereum, Bitcoin In NFT, Activity: What’s Next For SOL?

Solana Dominates Ethereum, Bitcoin In NFT, Activity: What's Next For SOL?

Crypto Price Movement API – Understand Why Crypto is Up Or Down

Crypto Price Movement API – Understand Why Crypto is Up Or Down

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In