Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court
Summary
Alexey Pertsev, co-founder and developer of Tornado Cash, was denied bail by a Dutch court. Pertsev was found guilty of money laundering in May and sentenced to 64 months in prison. His lawyers sought bail to allow him to prepare for his appeals process, but the court stated that his detention would not hinder his defense preparation. Despite the case revolving around technical aspects of DeFi, Pertsev was denied access to digital facilities like a computer. Ameen Soleimani, Pertsev's friend, started JusticeDao to coordinate the legal defense in the Tornado Cash cases. He stated that even if Pertsev's appeal is accepted, he will remain in prison for about a year while his defense lawyers prepare for the appeal hearing.
