Coinspeaker
TORN Surges 13% as Tornado Cash Developer Gains Temporary Freedom
TORN
$11.73
24h volatility:
9.9%
Market cap:
$44.73 M
Vol. 24h:
$1.80 M
, the digital currency of the crypto mixing protocol Tornado Cash, shot up a whopping 13% in the past day, claiming a daily high of $14.28 from a low price of $10.78. At the time of writing, the Tornado Cash token is trading at $12.07 and is already up 32% in the last 30 days. This price movement appears linked to the recent release of the platform’s developer, Alexey Pertsev.
In May 2024, Pertsev was sentenced to 64 months in prison after he was convicted of money laundering. Tornado Cash, has been allegedly used for money laundering purposes. However, the crypto ent
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