No Relief For Tornado Cash Developer, Court Denies Bail

Dutch Court Denies Tornado Cash Developer’s Bail Request

A Dutch court has ordered Alexey Pertsev to stay in prison for 90 days after denied his bail request.

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Pertsev was arrested on August 10 in the Netherlands for facilitating money laundering through Tornado Cash mixer.

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Tornado Cash was added to the US sanctions list by the Office of Foreign Asset Control earlier this month.

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Pertsev is suspected of involvement in concealment of criminal financial flows and facilitating money laundering.

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Pertsev is accused of facilitating money laundering through the mixing of cryptocurrencies through Ethereum mixing service Tornado Cash.

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Crypto community has come in support of Pertsev since his arrest.

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An online petition has been launched to request Dutch authorities to release Tornado Cash developer.

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