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Just in: Tornado Cash Developer’s Jail Extended Yet Again

Alexey Pertsev is the developer of Tornado Cash, a cryptocurrency mixer. A Dutch court granted Pertsev an extension on Tuesday. According to reports, Perstev was not allowed to control Tornado Cash. The developer was arrested on suspicion of involvement in money laundering via Tornado Cash. The Netherlands authorities stated at the time that the mixer was used to conceal money flows from criminals. It was also used for hacking and cryptocurrency scams.
The U.S. Treasury department placed sanctions on addresses relating to Tornado Cash and barred residents of using it. This was done to prevent users from exploiting and hacking Decentralised Finance (DeFi).

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