The developer was taken into custody on August 12 for alleged money laundering.
Pertsev must remain in detention for an additional three months.
On Tuesday, a court in the Netherlands extended the prison sentence of Alexey Pertsev, the programmer behind the cryptocurrency mixer Tornado Cash. Reportedly, the court rejected claims that Perstev lacked the authority to manage Tornado Cash. Moreover, prosecutors said that the developer is essential to the crypto mixer’s operation. The developer was taken into custody on August 12 for alleged money laundering using Tornado Cash.
Furthermore, at the time, Dutch police said that the mixer was used in crypto frauds and hacks to conceal the identities of those involved in the transactions. After that, the United States Treasury Department banned Tornado Cash and issued penalties on certain IP addresses. The change was made to safeguard customers against decentralized finance (DeFi) vulnerabilities.
International Outrage Over Arrest
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