Popular Altcoin Abandons Million Dollar Token Donation Due to Legal Concerns!

Popular Ethereum (ETH) layer-2 scaling solution Arbitrum has canceled a million-dollar grant offer to developers of cryptocurrency mixer Tornado Cash.

The decentralized autonomous organization (DAO) behind Arbitrum is the developers of Tornado Cash, according to The Block. Roman Storm And Alexey Perstev for his fight against criminal charges. ARB of $1.28 million He rejected the offer to donate.

ARB holders whether such a donation would pose a legal risk The proposal was deleted due to concerns about

The offer, issued by Arbitrum investor Joseph Axisa, faces criminal charges. Storm And Pertsev’s a legal defense fund 400 thousand dollars to WeWantJusticeDAO with $1.2 million It involved making an ARB donation between.

Later, when the offer was removed, the author voluntarily removed detected.

US Department of Justice (DOJ), Tornado Cash (TORN) developers from $1 billion He was accused of facilitating money laundering. In this context Roman Storm was arrested by the FBI.

source site-9