Court Imprisons Tornado Cash Developer Until 2023

  • Alexsey Pertsev detained for another three months
  • Lawyers believe that Pertsev might flee if released
  • Pertsev first session had been rescheduled on February 20, 2023

According to a court hearing held on November 22, Alexsey Pertsev, the developer of Tornado Cash, will remain detained in the Netherlands for another three months.

Before Advocate WK Cheng made his first defense argument, the prosecution provided a detailed synopsis of its research, depicting Pertsev as a pivotal figure in Tornado Cash’s operation.

Cheng outlined numerous use cases for Tornado Cash as well as common misconceptions about its capabilities.

The attorney acknowledged that the first session had been rescheduled for February 20, 2023, and reaffirmed his conviction that the state had provided a biased interpretation of Pertsev’s connection with Tornado Cash.

We are going to do some requests, we’re going to some investigations, things that we need to work out to have cleared up. And we’re going to try to prepare for the next court session.

Despite a plethora of pledges from his defense team, including home surveillance and regular visits to the police station, the prosecution expressed anxiety that Pertsev might flee if he was released before the first session.

In other news, Sam Bankman-Fried’s insolvent business FTX, his parents, and key colleagues purchased at least 19 homes in the Bahamas. This is approximately over the previous two years for close to US$121 million, according to an exclusive REUTERS report.

The assets include opulent beachfront mansions, including seven condos in the pricey resort neighborhood of Albany, which cost close to US$72 million.

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