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Dutch court sentences alleged tornado developer to 90 days in prison

A Dutch court on August 24 ordered Alexey Pertsev, developer of the US sanctioned Ethereum-based crypto mixer Tornado Cash, to serve at least 90 days in prison. Despite the fact that no formal criminal charges have been brought against him. The choice was made after the judge denied the attorneys for Pertsev’s bail petitions.

The Tornado Cash developer’s arrest has angered and alarmed the crypto community, as they think that such a move may have serious implications for other open-source developers.

Alexey Pertsev, 29 years old, had been arrested for allegedly “concealing unlawful financial flows and assisting money laundering” through Tornado Cash. Alexey Pertsev’s detention generated controversy in the crypto industry, with many questioning the validity of a Dutch agency detaining someone for distributing code.

The arrest has upset the Web3 community, which has cautioned that it could impede the development of open-source software and those who have legitimate reasons to use mixers, which maintain the confidentiality of crypto transactions.

FIOD, the Dutch institution in charge of investigating financial crime, launched an investigation into Tornado Cash in June, claiming that the decentralised service does little to examine whether money is coming from an unlawful origin. Since developers will be held responsible for how their technology is utilised moving forward, protesters claim that the arrest poses a threat to the future of open-source software.

In the United States, Congressman Tom Emmer (R-Minn.) has questioned the Treasury’s Office of Foreign Asset Control’s move, which targets software rather than the people or businesses that are typically sanctioned.

Read more at Cryptoshrypto:

Is the UK crime agency, NCA, after the Crypto Transaction Mixers?



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