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SPI supports Tornado Cash developer with $500,000 legal fund: 'Writing code is not a crime' as Storm faces prison time.
SPI supports Tornado Cash developers with $500,000 legal fund: Writing code is not a crime The company SPI has announced that it will provide $500,000 in legal support for the developers of Tornado Cash. This measure comes against the background that the developers are facing legal difficulties and are at risk of imprisonment. SPI emphasizes that writing code should not be considered a crime. Tornado Cash is a decentralized money laundering service that allows users to conduct transactions anonymously. Since the introduction of this technology, the project has faced legal challenges, particularly in relation to regulatory measures in the area of...
SPI supports Tornado Cash developer with $500,000 legal fund: 'Writing code is not a crime' as Storm faces prison time.
SPI supports Tornado Cash developers with $500,000 legal fund: Writing code is not a crime
The company SPI has announced that it will provide $500,000 in legal support to the developers of Tornado Cash. This measure comes against the background that the developers are facing legal difficulties and are at risk of imprisonment. SPI emphasizes that writing code should not be considered a crime.
Tornado Cash is a decentralized money laundering service that allows users to conduct transactions anonymously. Since launching this technology, the project has faced legal challenges, particularly regarding regulatory measures in the cryptocurrency space.
SPI emphasizes that programmers and developers working on open software projects should not be persecuted for the potential use of their software by third parties. This support aims to take a stand against the criminalizing attitude towards technology developers and to defend the right to innovation and creativity in the digital space.
With this initiative, SPI aims to promote the preservation of developer rights and code freedom. The case surrounding Tornado Cash raises important questions about responsibility and regulation in the area of cryptocurrencies and calls for a critical examination of the legal framework that affects digital innovations.
Legal support for the Tornado Cash developers could have far-reaching implications for the entire crypto community, particularly regarding the debate about the limits of creativity and responsibility in programming.