Key dealers
- Alexey Pertertev, co -founder of Tornado Cash, has been released from prison under electronic surveillance.
- The broken token increased in value after news about Pertertev’s release and highlights ongoing debates in the crypto sector.
Alexey Pertev, co-founder of Tornado Cash, has been released from prison and placed under electronic surveillance as he prepares to appeal his conviction of money laundering related to the Crypto Mixer platform.
Freedom is invaluable, but my freedom costs a lot of money. My house arrest was only possible thanks to the lawyers’ work, which was paid from your donations. My struggle is not over yet and for a last and safe victory I still need your help. Please support our fight here … pic.twitter.com/wt1Ewhxhai
– Alexey pertsv (@alex_pertev) February 7, 2025
A Dutch court canceled Pertertev’s storage of advance, with His release scheduled to today, February 7.
The decision follows several denied requests for bail and comes in the midst of ongoing debates about the legal treatment of privacy -focused crypto developers.
His case has attracted support from privacy advocates and the crypto community, with organizations such as Justicao raise money for its legal defense. Ethereum founder Vitalik Buterin Donated 30 eth to Tornado Cash Legal Defense Fund in May.
“Freedom is invaluable, but my freedom costs a lot of money … My struggle is not over yet … Please support our struggle here ➡ http://codewithoutfear.eu #freedomtocode,” Pertev published after his release.
In November, a Federal appealed court decided that the Treasury’s sanctions on Tornado Continces were illegal and highlight restrictions on the government’s regulatory power over decentralized technology.
The sanctions had previously affected users whose means were locked or who were blocked from exchanges due to interactions with sanctioned addresses.
The Broken tokenassociated with tornado cash, saw an increase in value after news about pertev’s release.
