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International Business Times
International Business Times
Business
Marvie Basilan

GoFundMe Terminates Fundraiser For Tornado Cash's Legal Battle, Cites Terms Breach

GoFundMe Tornado Cash Roman Storm Crypto Brian Klein United States Lazarus
The founders of crypto mixer Tornado Cash were accused of laundering hundreds of millions in "criminal proceeds" for North Korean hacking group Lazarus. (Credit: Coin Center)

KEY POINTS

  • GoFundMe reportedly canceled the fundraiser under Term 22 of its terms of use
  • Storm said he was arrested even though he was cooperating with U.S. authorities
  • The crypto mixer's founders were accused of federal money laundering and violating sanctions

Crowdfunding platform GoFundMe has shut down a fundraiser that was started to collect funds to help cryptocurrency mixer Tornado Cash in its legal battle.

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