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

Multicoin Capital has made its first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform.

July 17, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026

TD Cowen lowers strategic target for Bitcoin outlook to $260 and calls new capital framework ‘constructive’

July 1, 2026
Add A Comment

Comments are closed.

Recent Posts

The Ripple-linked token rose 4% as traders watched it break toward $1.35.

July 21, 2026

Everyday Guides Book Series — Rethink Your Strategy

July 20, 2026

Billionaire Adam Weitsman Launches HV-MTL NFT Marketplace

July 20, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, And Total Crypto And Total Cash Holdings Of $11.5 Billion

July 20, 2026

THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

July 20, 2026

Singaporean-Founded Paymonade Clears Europe’s New Crypto Regulations — When Roughly 90% Of Europe’s Crypto Firms Fail

July 20, 2026

MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool

July 20, 2026

ETA CEO Expects More Partnerships with Bitcoin Startups in the Future

July 19, 2026

FTX plans to pay $900 million to creditors when the fifth distribution begins on July 31.

July 18, 2026

KuCoin unveils Celestia Stage as Tomorrowland Belgium 2026 partnership expands

July 18, 2026

The next chapter for XRP price could be a strong move to the upside

July 18, 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

The Ripple-linked token rose 4% as traders watched it break toward $1.35.

July 21, 2026

Everyday Guides Book Series — Rethink Your Strategy

July 20, 2026

Billionaire Adam Weitsman Launches HV-MTL NFT Marketplace

July 20, 2026
Most Popular

Unraveling the Mystery of the Philosopher’s Stone: The Key to Immortality? – DeFi information

January 27, 2024

Yuga Labs will be releasing the Super Punk World NFT airdrop this week.

May 28, 2024

Crypto analysts are eyeing five altcoins for 2024: Rollblock (RBLK), Litecoin (LTC), Dogecoin (DOGE), Kaspa (KAS), and Arbitrum (ARB).

May 14, 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.