Tornado Cash Developer Alexey Pertsev Granted Supervised Release from Prison

Description

Alexey Pertsev, a developer associated with the cryptocurrency-mixing service Tornado Cash, is set to be released from pretrial detention on Friday, January 10, 2025, under electronic monitoring. He continues to contest money laundering charges in the Netherlands. His release comes ahead of his appeal against a 64-month prison sentence handed down in May 2024. Tornado Cash, a decentralized coin-mixing service, allows users to obscure Ethereum transactions by blending them with others. Authoritie...