Tornado Cash developer Alexey Pertsev gets nod for conditional release from prison to work on appeal

Alexey Pertsev, a developer of Tornado Cash, said he would be released from pretrial detention on Friday to work on his appeal.Pertsev, who has been accused of money laundering charges in the Netherlands, wrote on X today that a Dutch court suspended his pretrial detention under the condition of electronic monitoring.“Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison,” Pertsev said in his post. “This will give me a chance to work on my appeal and fight for justice.”Last year, the Tornado Cash developer was sentenced to 64 months in prison by a Dutch court for facilitating the laundering of $1.2 billion in crypto through the Tornado Cash mixer between July 2019 and August 2022. Pertsev has appealed the conviction.Meanwhile, Roman Storm, co-founder of Tornado Cash, continues facing his legal defense in the U.S.Vitalik Buterin, co-founder of Ethereum, and several crypto community members have urged U.S. President Donald Trump to clear Storm’s charges following his executive order pardoning Silk Road creator Ross Ulbricht.Last month, Paradigm co-founder Matt Huang announced a $1.25 million donation to fund Storm’s legal battle against U.S. prosecution. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.