{"id":25024,"date":"2024-07-14T13:00:34","date_gmt":"2024-07-14T10:00:34","guid":{"rendered":"https:\/\/coinengineer.io\/?p=25024"},"modified":"2024-07-14T10:01:40","modified_gmt":"2024-07-14T07:01:40","slug":"tornado-cash-dev-denied-bail-awaits-appeal-in-jail","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/tornado-cash-dev-denied-bail-awaits-appeal-in-jail\/","title":{"rendered":"Tornado Cash Dev Denied Bail, Awaits Appeal in Jail"},"content":{"rendered":"

After his bail request was turned down, Alexey Pertsev, the Tornado Cash<\/strong> developer condemned to five years and four months in prison by a three-judge panel in the Netherlands on allegations of money laundering, will remain in jail while his appeal is in process.<\/p>\n

After asking for bail, the developer’s legal team swiftly filed an appeal with the Hertogenbosch Court of Appeal following Pertsev’s conviction, hoping to get ready for the trial from home with internet access. But as DL News reports, the surprise of his defense attorney was the denial of his bail request. According to the story, Pertsev’s prison also refused the developer access to a computer to help his attorneys get ready for the trial.<\/p>\n

“Alexey will spend the next year in jail while his legal team prepares for the appeal hearing. This is a gross miscarriage of justice. Developers do not belong in jail for the actions of third parties,”<\/em> established<\/a> an X account linked with JusticeDAO, which is collecting money for the legal defense of Tornado Cash’s<\/strong> creators.<\/p>\n

Targeted for their work on the cryptocurrency mixing system, Pertsev is one of three Tornado Cash<\/strong> developers.<\/p>\n

While prosecutors generally argue that the Tornado Cash<\/strong> developers either actively assisted or at least failed to stop unsavory organizations from using the platform to launder stolen funds, advocates say Tornado Cash<\/strong> protects privacy on the Ethereum blockchain, and targeting its developers could have chilling effects on developers who write software for blockchains.<\/p>\n

While fellow co-founder Roman Semenov is still at large, co-founder Roman Storm’s court case is ongoing in the United States.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

After his bail request was turned down, Alexey Pertsev, the Tornado Cash developer condemned to five years and four months in prison by a three-judge panel in the Netherlands on allegations of money laundering, will remain in jail while his appeal is in process. After asking for bail, the developer’s legal team swiftly filed an<\/p>\n","protected":false},"author":6,"featured_media":18871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[377],"class_list":["post-25024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-tornado-cash"],"yoast_head":"\nTornado Cash Dev Denied Bail, Awaits Appeal in Jail - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/tornado-cash-dev-denied-bail-awaits-appeal-in-jail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tornado Cash Dev Denied Bail, Awaits Appeal in Jail - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"After his bail request was turned down, Alexey Pertsev, the Tornado Cash developer condemned to five years and four months in prison by a three-judge panel in the Netherlands on allegations of money laundering, will remain in jail while his appeal is in process. 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