Key Notes
Protocol fees from Keyring's zero-knowledge DeFi vaults are allocated to defend developers charged with facilitating money laundering.
The cases will establish legal precedent on whether open-source privacy software creators can be held liable for third-party misuse.
Ethereum Foundation coordinates sustainable defense funding as a model for protecting developers building privacy-enhancing blockchain tools.
The Ethereum Foundation and Keyring Network have announced a collaborative initiative aimed at supporting the legal defense of Tornado Cash developers, Roman Storm and Alexey Pertsev, who are facing ongoing legal challenges in the US and Europe for creating privacy-focused, open-source code.
This program allocates all protocol fees collected from Keyring’s new zero-know