Samczsun, a pseudonymous cybersecurity researcher at digital asset investment firm Paradigm, is leading an initiative to protect “white hat hackers” from potential legal trouble when they step in to protect cryptocurrency projects from attacks.
The recently established non-profit security alliance has received more than $1 million in donations from digital asset investors and projects including venture funds, Andreessen Horowitz's cryptocurrency division, Electric Capital, Paradigm, and industry organizations such as the Ethereum Foundation. Co-founder of Ethereum Vitalik Buterin He donated $500,000, according to a spokesman for the security coalition.