Crypto: Tornado Cash developer will remain in detention for 90 days


© Reuters.

Investing.com – Alexey Pertsev, developer of US-based and sanctioned cryptocurrency mixer Tornado Cash, will have to spend at least 90 days in prison, although he has not yet been charged with a crime .

The arrest of the Tornado Cash developer has sparked outrage and concern from the crypto community, which believes that such an action could have serious consequences for other free software developers.

The Dutch court decided to keep Pertsev in detention for another 90 days. The judge rejected a request for bail in favor of Pertsev. A first public hearing should take place within 90 days.

Pertsev was arrested by Dutch authorities in Amsterdam. He is suspected of facilitating illicit financial flows and enabling money laundering through Tornado Cash.

Crypto advocates fear such an action could trigger a wave of arrests of free software developers who cannot control how their codes are used.



Source link -95