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Arbitrum DAO Withdraws $1.2 Million Support for Tornado Cash, Citing Legal Issues

source-logo  coingape.com 11 March 2024 10:30, UTC

The individual behind an Arbitrum DAO proposal, which sought to donate up to $1.28 million in cryptocurrency to aid Tornado Cash developers Roman Storm and Alexey Pertsev in their legal defense against criminal charges, has withdrawn the proposal. Recent updates reveal that concerns raised by token holders regarding potential legal liabilities linked to the donation prompted the removal of the proposal.

coingape.com