Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
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

Leonardo AI unveils comprehensive image editing suite with six model options

March 19, 2026

Ether Funds Turn Negative, But Bears Still Retain Control: Why?

March 11, 2026

BNB holders gained 177% in 15 months through Binance Rewards Program.

February 23, 2026
Add A Comment

Comments are closed.

Recent Posts

Videos and Podcasts | Vault12

April 3, 2026

Bitcoin holds $68,000, but confidence is gone

April 3, 2026

Ripple Forecast -What To Expect For XRP Price In 2026

April 3, 2026

Proof Of Liquidity -A New Era In Blockchain Economics

April 3, 2026

BTCC Exchange Named Official Regional Partner Of The Argentine National Team

April 2, 2026

AI giant Meta, Microsoft, NVIDIA check stocks amid Iran threat, AI cryptocurrency collapse

April 2, 2026

Phemex Publishes April 2026 Proof Of Reserves, Reporting 131% Total Reserve Ratio

April 2, 2026

Cango Inc. Completes $65M Investment And Secures $10M Convertible Note Financing

April 2, 2026

Bybit Kazakhstan Launches KZT/USDT Spot Trading, Enabling Direct Access To Crypto Markets Using Local Currency

April 2, 2026

Bitcoin price model indicates lowest potential

April 2, 2026

Stablecoin expansion for DeFi users

April 1, 2026

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

Videos and Podcasts | Vault12

April 3, 2026

Bitcoin holds $68,000, but confidence is gone

April 3, 2026

Ripple Forecast -What To Expect For XRP Price In 2026

April 3, 2026
Most Popular

DEXTools’ Top Trending Cryptocurrencies – Taopad, Virtual Versions, SatoshiVM

January 26, 2024

Discover the future of cryptocurrency through market-changing UroCoin! – DeFi information

February 3, 2024

Hold on tight! Skybridge Chief Expects Bitcoin to Skyrocket to $170,000 in 18 Months

April 7, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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