The court continues to be closed to appeals from Alexey Pertsev, the developer of the Tornado Cash protocol imprisoned since last August. At the last hearing held on February 15, the judges decided to extend his detention until at least the end of April.
https://cryptoast.fr/alexey-pertsev-developpeur-tornado-cash-voit-detention-prolongee-until-fin-mois-avril/
Alexey Pertsev will remain imprisoned
The ordeal does not seem ready to stop for Tornado Cash protocol developer Alexey Pertsev arrested last August by the Tax Information and Investigation Service (FIOD) in the Netherlands.
Placed in detention after appearing before a judge directly after his arrest, Alexey Pertsev has already appealed 3 times to be released, without success. This Wednesday, the person concerned went before a hearing in the context of his trial for “money laundering”, where he suffered a new refusal.
According to the Dutch judges present, Tornado Cash developer may be tricked into ‘covering up evidence’ if he were released on bail. For his part, Alexey Pertsev defended himself by denying the charges brought against him.
Accusations against Alexey Pertsev relate in particular to the way in which the cryptocurrency mixer Tornado Cash was handled, assimilated according to the authorities to a company that would accept very large amounts of money no questions asked on the origin of these. The symbol is strong, while the facts alleged against the developer remain rather vague.
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An arrest based on misunderstanding, or the will to harm?
Questioned by our colleagues from CoinDesk, Alexey Pertsev’s lawyer pointed to the court’s lack of knowledge regarding how the decentralized finance ecosystem worked, but admitting that this hearing was a first step towards more understanding:
“We had the opportunity to explain what is the basis of Tornado Cash and why it is not money laundering. We think the lack of knowledge is what keeps him here. […] Of course, I’m disappointed. He will fight to the end to show the importance of decentralized options, open source software and code. »
In total, the Tornado Cash protocol is accused of having allowed the laundering of more than 7 billion dollars, of which 455 million are attributed to the North Korean hacker group Lazarus.
Naturally, a wave of outrage had surfaced within the crypto community upon the arrest of the developer, and whistleblower Edward Snowden had also expressed his anger. A site dedicated to his release has also been created, on which a petition has already collected more than 5,000 signatures.
Moreover, as we reported earlier, although this is of course a blow for Tornado Cash, the latter continues to survive despite the multiple attacks against him. Its code being open source, the protocol is naturally infinitely replicable.
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Source: CoinDesk
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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