The developer of the crypto mixing protocol Tornado Cash is now preparing for his appeal while behind bars.
Alex Pertsev is in jail after being found guilty of money laundering by The Netherlands’ Oost-Brabant district court which sentenced him to 64 months of prison time in May.
Pertsev was convicted due to his involvement in the creation of Tornado Cash, which helps users conceal their crypto transactions through obfuscation.
In a statement on the social media platform X, Pertsev says the court is keeping him detained while he prepares to appeal his case. He says the court’s decision will derail his ability to challenge the initial conviction.
“I am sad to announce that, despite our best efforts, the court decided to prolong my pre-trial detention. This decision significantly complicates my ability to prepare for the appeal, but I remain determined to continue fighting for justice.”
The Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a sanction on Tornado Cash in 2022 for helping launder more than $7 billion worth of crypto assets, including those from the North Korean government-linked hackers, the Lazarus Group.
Earlier this month, Congressman Brad Sherman (D-California) and six other members of the U.S. House of Representatives wrote to Treasury Secretary Janet Yellen in opposition to Tornado Cash still being online and functioning despite the sanctions.
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The post Tornado Cash Developer Says Court Has Derailed Appeal Efforts After Prolonging His Pre-Trial Detention appeared first on The Daily Hodl.
