developer of Tornado Cash stuck In August by Dutch authorities over allegations of facilitating money laundering, Alexey Pertsev is expected to remain in prison for at least two more months after his appeal is rejected.
Tornado Cash is a protocol that scrambles transactions in blockchain and makes tracking difficult. cryptocurrencies.
a judge in Netherlands rejected the appeal on Thursday (29), Pertsev’s wife, Ksenia Malik, told The Block.
born in Russia, Pertsev has been in custody for more than seven weeks after being arrested in Amsterdam on 10 August. The arrest was made two days after the government of United States have sanctioned Tornado Cash and 44 cryptocurrency wallet addresses associated with the protocol.
The US Treasury said the cryptocurrency mixing protocol “has repeatedly failed to enforce effective controls set up to stop money laundering by malicious actors.”
The decision taken yesterday by the Dutch judge indicates that Pertsev will remain in custody until at least 22 November.
Malik said the rejection was “absolutely unfair” and that no arguments from Pertsev’s side were considered. “There is absolute lawlessness going on here,” she said.
Malik added that the Dutch authorities are “afraid that Alex will return to Russia, although if he does, he will be sent to war” between Russia and Russia. Ukraine.
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Forfeiture and auction of property?
Dutch prosecutors plan to confiscate and sell Pertsev’s properties at auction, according to the developer’s wife. Tornado Cash. She said that Pertsev’s car was confiscated on the day of the pressure and that his lawyer told her that prosecutors would sell the vehicle.
When asked whether prosecutors can confiscate an arrested person’s assets without officially prosecuting them, Malik said they can, “as we see it.”
“For the moment, only one car, but I believe they can come and take something else at any time. I don’t feel safe,” Malik said. Promoters will sell “all our legal properties at auction, leaving me with nothing.”
The developer’s arrest Tornado Cash has been condemned by several people in the crypto industry. Last month, a group of about 50 privacy and cryptocurrency advocates protested in amsterdam. Malik helped organize the protest and participated in it.
Those who attended the event argued that Pertsev should not be held responsible for writing open source, regardless of how it is used by bad actors.
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Source: Moneytimes
I am a journalist with over 6 years of experience working in the news industry. I currently work as an author for Global Happenings, and my coverage focuses on Technology news. I have written for various publications, including Reuters, The New York Times and The Guardian.
