Tornado Cash developer Alexey Pertsev has been released from prison under electronic monitoring following his conviction for money laundering in 2024.
Release Story
Alexey Pertsev, a 31-year-old Russian national, was sentenced to 64 months in a Dutch prison last May. On February 6, he announced his release on social media, noting that while not full freedom, house arrest is better than prison.
Charges and Trial
During the two-day trial, Pertsev defended his inability to trace users of Tornado Cash. However, the prosecution argued the platform's code facilitated money laundering linked to the Lazarus Group. Pertsev was found guilty of failing to prevent illegal transactions through the protocol.
Current Situation and Next Steps
Pertsev has been released with the condition of electronic monitoring and continues to combat the charges. He has called for public support in his ongoing legal battle, emphasizing the importance of funding received through donations.
The release of Alexey Pertsev under electronic monitoring marks a significant step in his legal battle. It remains to be seen how long this process will take.
