Big news in the world of cryptocurrency! The Ethereum Foundation, a group that helps the Ethereum cryptocurrency, gave $1.25 million to help a programmer named Alexey Pertsev. He made something called Tornado Cash, which is like a secret code for sending money online. The government thinks it was used for bad things, but many believe he's innocent.
- Alexey made Tornado Cash, a tool for hiding who sent crypto.
- He was arrested but is now under house arrest.
- The Ethereum Foundation wants to help him fight the charges.
- Other people are also facing legal trouble related to Tornado Cash.
Fact | Details |
---|---|
Donation Amount | $1.25 million |
Alexey's Arrest | August 2022 |
House Arrest Start | February 2025 |