Tornado Cash co-founder Alexey Pertsev has been released from pretrial detention under electronic monitoring in the Netherlands. His case has garnered notable attention from the community.
Pertsev's Legal Battle Gains Momentum
The decision to release Alexey Pertsev was made by the court after several bail requests were denied. His case has drawn significant support from privacy advocates, including JusticeDAO, which raised funds for his defense.
Support from Crypto and Privacy Advocates
The crypto community has actively supported Pertsev. Ethereum co-founder Vitalik Buterin contributed 30 ETH to his defense fund, while blockchain investment firm Paradigm pledged $1.25 million to support co-founder Roman Storm.
US Lifts Sanctions Against Tornado Cash
Pertsev's release coincided with a major legal win for Tornado Cash in the US. The Appeals Court ordered the removal of Tornado Cash-linked addresses from the US Treasury's sanctions list, marking a significant victory for Pertsev and his co-defendants.
Alexey Pertsev's case and the legal victories of Tornado Cash have highlighted the legal challenges faced by developers of privacy-focused cryptocurrency projects. Community support remains crucial in defending their rights.
