Tornado Cash app developer Alexey Pertsev, who was recently caught by Dutch police on suspected money laundering charges, has been ordered to jail for an additional 90 days.
“It is not clear what arguments he had for not releasing him from house arrest,” said Xenia Malik, Paratsev’s wife. decrypt, “Lawyers Confirmed” [the additional 90-day holding]But I haven’t seen any official document.”
Paratsev was refused bail after being detained for 15 days. according According to Dutch law, suspected law breakers can remain in a pre-trial holding for up to 110 days, during which charges and a preliminary public hearing must be determined.
From August 17, no fee has been charged filed against Pertsev, according to the DeFi Education Fund. The group supports DeFi-friendly policies, advocating the use of decentralized open source data such as the Tornado Cache code.
Ethereum App Tornado Cash Approved
Pertsev was arrested on 10 August by the Dutch Financial Information and Investigation Service (FIOD), the agency responsible for investigating financial crimes in Holland.
The agency accused them of “facilitating money laundering through a mix of cryptocurrencies with a decentralized means”. Ethereum Mixing Service Tornado Cache,” FIOD’s report good Reading.
This arrest came shortly after the United States Approved Tornado Cash, with suspected links to the Lazarus Group, a North Korean state hacker group, has also been involved in an alleged $7 billion laundering since 2019.
Tornado Cash is an Ethereum-based privacy protocol that hides any identifiable information about crypto transactions.
The app is open-source and publicly available for use, as is most coding in Web3 and the crypto space, leading many to question what can happen to the state of open-source software and privacy within the industry. Is.
The community has been quick to act, with a Change.org petition protecting the open-source software, as well as a protest in Amsterdam on Sunday. help the creator.
According to the petition, “Open-source software—which was published under a free license and can be used by anyone and for any purpose—has always been a major driver for innovation in the technology sector.”
Regulators and crypto firms have also spoken out in favor of Pertsave, urges Congressman Tom Emer of Minnesota. Treasury Secretary Yellen to reconsider the tornado cash clearance, Tweet,The technology is neutral and the expectation of privacy is normal.”
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