Tornado Cash Developer Alexi Partsave claims that he will be released from jail on 7 February. A Dutch court after canceling its prettery custody in exchange for electronic surveillance.
One in Post On X, Partev announced that he would be released from Jail at 9 am on February 7 at 9 am or local time, after a recent court verdict that would allow him to undergo electronic surveillance instead of pretending.
The tornado cash developer has been detained in the Netherlands since August 2022 due to money laundering of US Treasury’s Office of Foreign Assets Control in the Netherlands and for the platform for illegal finance charges.
Partsev and his lawyers are currently working on their appeal following allegations of money laundering in May 2024.
Although he believes that it is “not real freedom,” Partev is grateful to the ruling as it gives him an opportunity to work on his appeal.
“This will give me a chance to work on my appeal and fight for justice. Thanks to all those who supported me and who made it possible! Partsev said.
The tornado cash (torn) developer was found guilty of allegations of money laundering by the Dutch court. He was sentenced to five years and four months in jail, with his lawyers immediately filed an appeal for the verdict.
Partsev has been denied bail thrice. Once in July 2024 and in November 2023, when the court refused to release the developer’s petition under monitoring, the prosecution saw Partev as a “flight risk”.
During the test, the lawyers of the Pertev argued that developers should not be held responsible for the manufacture of smart contract protocols, which is accessible to anyone, a stand that stakeholders of the Crypto industry have long echoed.
However, the court, while fighting the argument, said that Partsev and other tornado-co-founder North Korean Cybercrime Group, Lazarus failed to implement strict measures to prevent the stage from misusing the stage.
In August 2023, tornado cash and its co-founders were charged by the US court on a conspiracy and illegal money-transfer fee. Officials accused co-founders Roman Storm and Roman Semenov of helping more than $ 1 billion in illegal money.
