Pertsev获释

😱 Latest News: Tornado Cash co-founder Alexey Pertsev was released from prison on February 7, 2025.

Background of the Incident
• Reason for Arrest: Pertsev was accused of money laundering activities related to Tornado Cash. Tornado Cash is a cryptocurrency mixing service that allows users to hide the flow of Ethereum transactions by mixing them. The U.S. Treasury imposed sanctions on Tornado Cash in August 2022, accusing it of being used to launder over $7 billion in digital assets, including $455 million stolen by North Korea's Lazarus Group.

• Legal Process: Pertsev was arrested in 2022 and was sentenced to 64 months in prison by a Dutch court in May 2024. He subsequently appealed, and the Dutch court suspended his pre-trial detention on February 7, 2025, allowing him to return home under electronic monitoring.

Community Reaction
• Support and Controversy: Pertsev's case has garnered widespread attention and support from the crypto community. Many privacy advocates believe that developers should not be held criminally liable for writing code. Ethereum co-founder Vitalik Buterin has stated that Pertsev's prosecution sets a troubling precedent for software developers.

• Legal Aid: Multiple organizations, such as JusticeDAO, have raised funds for Pertsev's legal defense. His case has also sparked extensive discussions about decentralized technology and privacy protection.

Follow-up Developments
• Appeal Preparation: Pertsev has stated that after his release, he will focus on preparing his appeal and seeking justice. His lawyer Judith de Boer mentioned that this will allow them to fully commit to the defense under more equitable conditions.

• Ongoing Attention: Despite #Pertsev获释 , he still faces money laundering charges, and the final outcome of the case remains uncertain. The crypto community will continue to monitor the progress of this case.

#Tornado The release of Tornado Cash co-founder Alexey Pertsev is a significant event in the crypto industry, sparking extensive discussions about privacy protection and developer responsibility.

What are your thoughts on this event?

Feel free to share your views in the comments!

📢Big news! Tornado Cash co-founder regains temporary freedom

On February 7, Alex Pertsev, co-founder of the cryptocurrency mixer Tornado Cash, is finally getting out of jail for now! The Dutch court decided to suspend his pre-trial detention and put him under electronic monitoring while preparing for his appeal.

He said in the post: "Friends, I will be free tomorrow! Although it is not complete freedom, it is better than jail... Thank you to everyone who supports me!"

As soon as the news came out, the price of Tornado Cash's token TORN soared by nearly 40%. Although it has fallen slightly now, it is still oscillating in the ascending triangle area!

Recall that Pertsev was arrested by Dutch authorities in August 2022, when he was accused of helping to launder money. But Pertsev has always insisted that privacy tools should not be equated with money laundering, and developers should not be responsible for how the software is used.

Last November, the Fifth Circuit Court of Appeals also ordered the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to remove Tornado Cash’s related addresses from the blacklist, which is undoubtedly a huge victory for Pertsev and another developer, Roman Storm!

The court finally ruled that smart contracts are autonomous and cannot be owned, controlled or changed, so the autonomous operation of applications such as Tornado Cash should not be restricted before the legislation is updated.

However, the matter has not yet been settled. We will continue to track the latest developments and keep you updated on the latest news of this case!

💬What do you think of the development of this incident? Does this mark a small victory for cryptocurrency privacy? Leave a message in the comment area to discuss!

#TornadoCash #加密货币隐私 #Pertsev获释