Policy & Regulation
Tornado Cash Developer Alexey Pertsev Released From Dutch Prison As He Appeals Five-Year Sentence

Credit : dailyhodl.com
The software program developer who’s behind bars due to his involvement within the Crypto Mixing Protocol Twister Money will likely be launched conditionally from jail.
In a message on social media platform X, Alexey Ptsev says that he will likely be out on Friday after a Dutch court docket has determined to droop his pretrial detention.
He says he ought to put on an digital monitor as a situation for his launch.
“Expensive buddies, I will likely be free on Friday 7 February at 10 am! It’s not actual freedom, however it’s higher than the jail. “
PTSEV is among the builders of Twister -Contant Cash, the favored foreign money combine service that the American Treasury Division sanctioned in 2022.
In August 2022, Dutch authorities arrested PTSEV and accused him of serving to Twister Money customers to cover the proceeds from their prison actions.
In Might, the East Brabant court docket of the Netherlands sentenced PTSEV to 5 years and 4 months in jail for cash laundering of greater than $ 2 billion in funds.
The developer has lodged an enchantment and has submitted a petition to provide him a bail. This week’s growth will allow him to problem his conviction with out the restrictions on imprisonment.
“This provides me the possibility to work on my attraction and to combat for justice. Thanks to everybody who supported me and who made this attainable! “
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