Key Takeaways
- Alexey Pertsev, co-founder of Twister Money, has been launched from jail underneath digital monitoring.
- The TORN token elevated in worth following information of Pertsev’s launch, highlighting ongoing debates within the crypto sector.
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Alexey Pertsev, co-founder of Twister Money, has been launched from jail and positioned underneath digital monitoring as he prepares to attraction his cash laundering conviction associated to the crypto mixer platform.
Freedom is priceless, however my freedom value some huge cash. My home arrest was solely attainable due to the work of legal professionals, who had been paid out of your donations. My combat just isn’t over but and for a ultimate and assured victory I nonetheless want your assist. Please help our combat right here… pic.twitter.com/WT1eWhXhAi
— Alexey Pertsev (@alex_pertsev) February 7, 2025
A Dutch courtroom suspended Pertsev’s pretrial detention, with his release scheduled for today, February 7.
The choice follows a number of denied bail requests and comes amid ongoing debates in regards to the authorized remedy of privacy-focused crypto builders.
His case has attracted help from privateness advocates and the crypto neighborhood, with organizations like JusticeDAO elevating funds for his authorized protection. Ethereum co-founder Vitalik Buterin donated 30 ETH to the Tornado Cash legal defense fund in May.
“Freedom is priceless, however my freedom value some huge cash… My combat just isn’t over but… Please help our combat right here
http://codewithoutfear.eu #FreedomToCode,” Pertsev posted following his launch.
In November, a federal appeals courtroom dominated that the Treasury’s sanctions on Twister Money had been illegal, highlighting limitations on authorities regulatory energy over decentralized applied sciences.
The sanctions had beforehand affected customers whose funds had been locked or who had been blocked from exchanges because of interactions with sanctioned addresses.
The TORN token, related to Twister Money, noticed a rise in worth following information of Pertsev’s launch.


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