Tornado Cash Developer Alexey Pertsev to Be Released From Jail to Prepare for Appeal
Alexey Pertsev, a developer of the coin-mixing protocol Tornado Cash, is set to be released from prison on February 7, 2025, to prepare for his appeal against a money laundering conviction. Pertsev was sentenced to 64 months in prison after a Dutch court found him guilty of facilitating illicit transactions through Tornado Cash, which allows users to send funds anonymously. His release comes with conditions, including electronic monitoring, enabling him to focus on his appeal. Pertsev expressed his relief and determination to fight for justice in a social media post, noting that while it is not complete freedom, it is a better situation than being incarcerated. The U.S. government has sanctioned Tornado Cash, linking it to North Korean hackers, further complicating the legal landscape surrounding the protocol and its developers.
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