😱 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.

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