ChainCatcher news, according to Cointelegraph, Tornado Cash developer Alexey Pertsev will continue to be detained while awaiting trial. Pertsev recently expressed disappointment on X regarding the court's decision to extend his detention, believing it hinders his ability to prepare for an appeal.Previously, several Democratic members of the U.S. House of Representatives demanded that Treasury officials answer questions about the handling of the cryptocurrency mixing service Tornado Cash, which was sanctioned in 2022 but is still operational. The lawmakers emphasized that the usage of this mixer has "rebounded" this year, with $1.8 billion in deposits in the first half of 2024, a 45% increase compared to the entire year of 2023.

ChainCatcher news, the legal dispute of Tornado Cash developer Alexey Pertsev has reached a critical moment as he seeks to raise more funds to address the lawsuit. Last month, a Dutch court announced the refusal to release Alexey Pertsev, forcing him to prepare for further appeals.In addition, another Tornado Cash developer, Roman Storm, will be tried in the U.S. in September, facing charges of money laundering, conspiracy to operate an unlicensed money transmission business, and conspiracy to violate U.S. sanctions laws.

ChainCatcher news, according to DL News, a Dutch court has refused to release Tornado Cash developer Alexey Pertsev, who was sentenced for money laundering, as he prepares to appeal. A spokesperson for the Court of Appeal in The Hague revealed that Pertsev will remain in custody. His defense attorneys Keith Cheng and Judith de Boer argued that Pertsev is not a flight risk and that he needs internet access to prepare for the appeal trial.Pertsev was arrested in August 2022, just days after the U.S. Treasury imposed sanctions on Tornado Cash. He was detained, and prosecutors disclosed his money laundering charges three months later. After eight months in prison, Pertsev was released to house arrest, and he was ultimately released last year under specific conditions. Now, his lawyers argue that the risk of Pertsev fleeing is no greater than it was before.Another Tornado Cash developer, Roman Storm, is set to stand trial in the U.S. in September. He is charged with money laundering, conspiracy to operate an unlicensed money transmitting business, and conspiracy to violate U.S. sanctions laws.

ChainCatcher news, according to CoinDesk, Tornado Cash developer Alexey Pertsev has appealed to the s-Hertogenbosch Court after being convicted of money laundering on Tuesday.It may take several months to hold the first hearing. The court did not specify whether the appeal was granted.Previous news, a Dutch judge ruled in the court of s-Hertogenbosch that Tornado Cash developer Alexey Pertsev was guilty of money laundering and sentenced him to 64 months in prison.

ChainCatcher news, a Dutch judge ruled at the court in Schiedam that Tornado Cash developer Alexey Pertsev was guilty of money laundering and sentenced him to 64 months in prison.The verdict may determine the future trials of other Tornado Cash developers. Other Tornado Cash developers such as Roman Storm and Roman Semenov are also facing money laundering and sanctions violation charges in the United States.Last year, after the United States again placed Tornado Cash on the sanctions watchlist, Roman Storm was arrested. However, in the United States, Roman Storm has not been charged with responsibility for the $1.2 billion money laundering, due to differences in how U.S. and Dutch laws handle individual liability for such alleged crimes.

ChainCatcher news, according to CoinDesk, Dutch prosecutors are seeking a 64-month prison sentence for Tornado Cash developer Alexey Pertsev on charges of money laundering, with the judge set to make a ruling on May 14. The two-day trial took place on Tuesday and Wednesday at the S-Hertogenbosch court and could influence how other local courts treat developers.In an indictment shared by Dutch prosecutors before the trial, it detailed that Pertsev is accused of laundering $1.2 billion worth of cryptocurrency through the anonymous tool Tornado Cash. The indictment states that from July 9, 2019, to August 10, 2022, Pertsev "developed a habit of money laundering."

ChainCatcher news, according to DL News, Tornado Cash developer Alexey Pertsev will stand trial in the Netherlands from March 26 to 27 next year. Alexey Pertsev returned to the Netherlands on Wednesday for his fourth pre-trial hearing, where the judge assessed whether the prosecution and defense have the evidence they need. The court will also evaluate whether Alexey Pertsev needs to be detained again before the trial.Pertsev was previously detained for nine months after being arrested in August 2022; in April of this year, he was released under house arrest. In May, Pertsev was released on the condition that he could not leave the country and had to wear a GPS monitor.

ChainCatcher news, according to CoinDesk, lawyer Alexey Pertsev, developer of Tornado Cash, questioned the evidence provided by Chainalysis and stated that the evidence is insufficient to prove that Tornado Cash is related to funds associated with crime. The court has allowed lawyer Keith Cheng to inquire about the methods used by Chainalysis to collect data. (Source link)

ChainCatcher news, according to DL News, the Dutch court confirmed at a hearing today that the trial of Tornado Cash developer Alexey Pertsev has been postponed until next year, but the official date for the trial has not yet been determined.ChainCatcher previously reported that Dutch authorities arrested Alexey Pertsev last August on charges of "concealing the flow of criminal funds and assisting in money laundering" through Tornado Cash. In April of this year, Pertsev was released on bail. (Source link)

ChainCatcher news, Tornado Cash developer Alexey Pertsev updates Twitter for the first time after his release: "Sorry, I was away for a while, what did I miss?" (source link)

ChainCatcher news, according to The Block, Tornado Cash developer Alexey Pertsev's wife Ksenia Malik confirmed to The Block that Alexey Pertsev will return home on his birthday, April 26, and will await trial at home with an ankle monitor. It is reported that a further investigation hearing in the case will be held on May 24. (source link)

ChainCatcher news, Yearn core developer banteg tweeted that Tornado Cash creator Alexey Pertsev has been released. (Source link)

ChainCatcher news, according to CoinDesk, Tornado Cash developer Alexey Pertsev has been ordered to remain in custody until February 20 of next year due to a Dutch court finding that he poses a flight risk.Dutch prosecutors dismissed the argument that Tornado Cash is a decentralized protocol and that Pertsev cannot control it, claiming that it is actually the same company as PepperSec, and that Pertsev works for this company alongside other developers Roman Semenov and Roman Storm. In response, Pertsev's lawyer Keith Cheng told CoinDesk that he is "very disappointed" with this decision.Previously, ChainCatcher reported in August that Tornado Cash developer Alexey Pertsev was arrested by Dutch authorities in August on suspicion of assisting money laundering, and his appeal was rejected in September, meaning Pertsev will be detained at least until November 22. (source link)