Alexey Pertsev, the Tornado Cash developer found guilty of money laundering in 2024, is set to be released from prison on Friday to prepare for his appeal, according to his post on X.
Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison. Today, a Dutch court suspended my pretrial detention under the condition of electronic monitoring. This will give me a chance to work on my appeal and fight for…
— Alexey Pertsev (@alex_pertsev) February 6, 2025
What to know:
- Pertsev will be released on Friday after a Dutch court suspended his detention with electronic monitoring conditions.
- He was sentenced to 64 months in prison in 2024.
- Pertsev aims to work on an appeal and “fight for justice,” as stated in his post on X.
The 31-year-old Russian national received a 64-month sentence in May 2024 after the indictment claimed Pertsev had “a habit of committing money laundering” and should have been aware of illicit transactions on the platform.
Tornado Cash is a coin-mixing protocol that allows users to send tokens privately by pooling funds and shuffling them, making the origin unclear. The protocol is currently sanctioned by the U.S. government, which alleges it was used by the North Korean hackers known as Lazarus Group.
