Who is Alexey perstev?

Perstev was arrested in August in Amsterdam, just days after the U.S. Treasury sanctioned Tornado Cash. Alexey Perstev is set to remain in jail until February 2023 following the decision by a Netherlands court, which said the Tornado Cash developer represents a flight risk.

Is Alexey perstev a flight risk?

Alexey Perstev is set to remain in jail until February 2023 following the decision by a Netherlands court, which said the Tornado Cash developer represents a flight risk. This is the second time the court has extended Perstev’s jail stay since he was arrested earlier this year.

Why was Vladimir Pertsev charged with money laundering?

For the first time since his arrest, Pertsev was officially accused of money laundering charges, due to contributing to the Tornado Cash protocol’s code. The court in the Netherlands found that the Russian developer represented a flight risk and denied releasing him on bail.

Where was Alexey Pertsev's case heard?

Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev's case was heard. (Jack Schickler/CoinDesk) October 24, 2023 • Convene • Washington D.C. Where the industry establishes the digital economy’s legal, regulatory and compliance best practices for the future. Register Now