Crypto The history of mixers is very old and these protocols are generally cryptocurrencies It is used by the dark side. Although it is often preferred for laundering criminal revenues and losing track, crypto investors who care about their privacy also benefit from crypto mixers. Of course, this is not something that states like.
TORN Coin Founder in Prison
As open source software Tornado CashAlexey Pertsev, who developed the , has been facing money laundering charges for a long time. Pertsev’s defense attorney Keith Cheng recently announced that his client’s bail request was surprisingly denied. Pertsev’s request for computer access to prepare for his appeal was also denied. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
This situation prevents a strong defence from being prepared when the court decides to continue detention. Pertsev’s lawyer Judith de Boer objected to the court’s decision and said that detention is unacceptable in such a case where fundamental legal issues are at stake.
“This unprecedented case addresses when a software developer may be criminally liable for third-party misconduct.”
This aspect is very important because Tornado Cash is an open source protocol and many developers support it anonymously. There is a lot of open source software and the ongoing case will be a great precedent in terms of the responsibilities that developers will bring when people use them for crimes.
Tornado Cash Developer
Crypto mixer The name, who was also found guilty of money laundering in the Netherlands for allegedly laundering $1.2 billion worth of illegal assets on his platform, was on trial for 5 years and 4 months. JusticeDAO is raising funds to support the legal defense of the name, whose request for bail was rejected for the third time.
“Alexey will spend the next year in prison while his legal team prepares for the appeal hearing. This is a great injustice. Developers should not go to jail for the actions of third parties.”
Pertsev, who objected to being held liable for illegal use of the open source protocol at the hearing in March, was denied by the court. The court’s argument was that criminals’ misuse of the protocol could be prevented by the developers if they wanted to. However, detecting and preventing this is not as easy as the court claimed, and there is no 100% chance of success.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
