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Tornado Cash Co-Founder Alexey Pertsev Released as Community Rallies for Justice

2 mins mins
Tornado Cash Co-Founder Alexey Pertsev Released as Community Rallies for Justice

Key Points:

  • Tornado Cash co-founder Alexey Pertsev has been released from pretrial detention under electronic monitoring.
  • Pertsev’s case has garnered strong support from privacy advocates and the crypto community.

Tornado Cash co-founder Alexey Pertsev has been released from pretrial detention in the Netherlands and placed under electronic monitoring.

Read more: Tornado Cash Developer Alexey Pertsev Sentenced To 64 Months In Prison

Tornado Cash Co-Founder Alexey Pertsev Released Under Electronic Monitoring

Pertsev’s legal battle has drawn significant attention, particularly following former U.S. President Donald Trump’s pardon of Silk Road founder Ross Ulbricht. The decision reignited discussions on the legal treatment of developers behind privacy-focused crypto projects, with increased calls for the release of Tornado Cash’s co-founders.

A Dutch court suspended Pertsev’s pretrial detention after multiple bail requests were denied. His case has garnered support from privacy advocates, including JusticeDAO, which has raised funds for his legal defense.

Ethereum co-founder Vitalik Buterin also contributed 30 ETH to the legal fund in May. Additionally, blockchain investment firm Paradigm pledged $1.25 million to aid co-founder Roman Storm, who was arrested in August 2023 and awaits trial.

U.S. Court Overturns Tornado Cash Sanctions in Major Legal Win

The Tornado Cash co-founder remains under house arrest while awaiting his appeal. Meanwhile, his release coincides with a legal victory for Tornado Cash, as a U.S. appeals court overturned sanctions against the platform.

In November, the Fifth Circuit Court of Appeals ruled that the U.S. Treasury must remove Tornado Cash-linked addresses from its sanctions list, a move seen as a positive development for Pertsev and his co-defendants.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Avatar of John Kojo Kumi

John Kojo Kumi

08 February 2025, 01:57:00 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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