Tornado Cash developer Alexey Pertsev freed pending trial
Alexey Pertsev, a Tornado Cash developer arrested in August by Dutch authorities over allegations of facilitating money laundering, will head home next week pending trial, a court in the Netherlands has ruled. "I’m happy to confirm Alex will be at home on April 26 on his birthday," Pertsev's wife Ksenia Malik told The Block. "He will be with an ankle monitor. But at home." A further investigation hearing in the case will be held on May 24, Malik said.
Pertsev, who was born in Russia, was arrested in Amsterdam on Aug. 10. His arrest came two days after the U.S. government added Tornado Cash and 44 associated Ethereum and USDC wallets to its Specially Designated Nationals list. The U.S. Treasury said the crypto mixing service, which allows users to obscure transactions, had "repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors."Alexey Pertsev will be home next week on his birthday, pending trial, his wife said. Pertsev was arrested last August by Dutch authorities over allegations of facilitating money laundering.
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