Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Dutch court denies bail for Tornado Cache developer Alexei Percev, appeal pending
ADOPTION NEWS

Dutch court denies bail for Tornado Cache developer Alexei Percev, appeal pending

By Crypto FlexsJuly 14, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Dutch court denies bail for Tornado Cache developer Alexei Percev, appeal pending
Share
Facebook Twitter LinkedIn Pinterest Email
Law • July 13, 2024 5:26 PM EDT

Posted 1 minute earlier In ~

Tornado Cash developer Alexei Percev, who was sentenced to five years and four months in prison for money laundering by a three-judge panel in the Netherlands, will remain in prison while his appeal is heard after his bail application was denied.

After Pertsev’s conviction, the developer’s legal team quickly filed an appeal with the Court of Appeal in Hertogenbosch, requesting bail and hoping to prepare for the trial from home by accessing the Internet.

But according to DL News, the bail request was denied, which surprised his lawyers. Pertsev’s prison reportedly denied the developer access to a computer to help lawyers prepare for trial.

“Alexey will spend the next year in prison while his defense team prepares for an appeal hearing. This is a massive judicial error. A developer does not deserve to be in prison for the actions of a third party,” posted the X account, associated with JusticeDAO, which is organizing donations for the legal defense of the Tornado Cash developer.

Perchev is one of three Tornado Cash developers targeted for their work on a cryptocurrency mixing protocol. While advocates argue that Tornado Cash protects privacy on the Ethereum blockchain and that targeting developers could have a chilling effect on developers writing software for the blockchain, prosecutors generally argue that Tornado Cash developers intentionally used the platform to launder stolen funds, or at least failed to do so.

Co-founder Roman Storm’s lawsuit continues in the United States, and co-founder Roman Semenov remains on the run.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

DWF Labs fires partner over sexual harassment and drug use allegations

October 29, 2024

New Cryptocurrencies Launch, Listing and Pre-Sale Today – BTEX, Jeff World, MMX

November 27, 2023

Chiliz (CHZ) and K League Forge enter into partnership to strengthen fan engagement and global expansion

February 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.