Popular crowdfunding platform GoFundMe has removed a legal aid fundraiser for Tornado Cash co-founder and developer, citing a violation of its rules. Investor Ryan Adams alerted the digital asset community to the campaign’s closure and the cancellation of funds sent to Alexey Pertsev and Roman Storm. GoFundMe shut down the campaign on February 14 due to an alleged breach of its rules and returned funds to donors. The platform cited Term 22, which allows it to restrict objectionable activity and protect itself from liability. Crypto users criticized the decision, calling it an infringement on freedoms and highlighting the dangers of centralization. Tornado Cash is currently facing regulatory issues, with Storm facing charges of money laundering and the SEC claiming that the platform facilitated the Lazarus Group in bypassing US sanctions. Storm and Pertsev sought to raise $1.5 million for legal fees but have since turned to the JuiceBox crowdfunding platform after GoFundMe’s closure.
More Information on GoFundMe’s Removal of Tornado Cash’s Legal Crowdfunding Campaign
