Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service.
Pertsev, who has been held in detention for the past 100 days, was arrested by Dutch authorities over alleged involvement in the Tornado Cash crypto mixing service days after the U.S.
Treasury sanctioned the crypto mixing service. Dutch public prosecutor Martine Boerlage announced money-laundering charges against Pertsev for the first time at the hearing on Tuesday.
He accused Pertsev of facilitating the processing of dirty money by writing the Tornado Cash code.According to a report by crypto outlet CoinDesk, which reportedly attended the hearing, Boerlage failed to realize that Tornado Cash is a decentralized protocol that neither Pertsev nor anyone else has control over.Read more on cryptonews.com