Tornado Cash developer’s trial set for March 2024

Published 13-09-2023, 04:30 pm
© Reuters.  Tornado Cash developer’s trial set for March 2024

  • It was in August 2022 that the U.S. sanctioned Tornado Cash.
  • Within two days, the Dutch police arrested Pertsev in the Netherlands.
Tornado Cash developer Alexey Pertsev is going to face trial in the Netherlands in March 2024, reported DL News. He will face the court in the Dutch city of ‘s-Hertogenbosch for his fourth pre-trial hearing on 26-27 March 2024.

It was on 8 August 2022 that the Office of Foreign Assets Control (OFAC) in the U.S. sanctioned the crypto mixer. The authorities alleged that the crypto mixer facilitated money laundering worth more than $1 billion.

On 10 August 2022, the Dutch police arrested Pertsev in the Netherlands. It was the Dutch financial crime authority, the Fiscal Information and Investigation Service (FIOD), which ordered such a quick arrest of the Russian national.

The court put Pertsev under house arrest in April 2023. The court conditionally released him under the stipulation that he remain in the country and wear a GPS monitor. The authorities feared he would turn fugitive.

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