Dutch court releases Tornado Cash co-founder to electronic monitoring, TORN rallies
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Tornado Cash developer Alexey Pertsev released from detention with electronic monitoring
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In May 2024, a Dutch court sentenced Pertsev to five years in prison, ruling that his role in Tornado Cash contributed to the laundering of criminal funds
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Pertsev was charged with facilitating money laundering and negligence for failing to take sufficient steps to prevent illicit financial activity on the platform
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