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The Tornado Cash Aleksey Pertsev developer has been released from detention with electronic monitoring

The Tornado Cash developer was released from his detention before the trial. Alexei Persif negotiated a version of electronic monitoring.

The Tornado Cash developer, Alexei Persif, negotiated the end of his detention before the trial. Persif will be released from prison on Friday, on the condition of electronic monitoring. PERTSEV has announced the next version of the detention of X, and to restart the repercussions of creating code. The previous appeal was rejected on July 12, leaving Persev detailed and is still trying to restore his freedom.

Immediately after the announcement, the founder of Ethereum Vitalik Buterin commented on the message with one word. “AD.Borin, who was presenting with my birthday for weeks so far, referred to the Gregorian community as a supporter of both parties. It was Burin Defend For Tornado Cash before and promised to support and combat the freedom of Persif and the Roman storm.

Persif was arrested again in 2022 and was sentenced to the Netherlands in May 2024, and since then the prison sentence began for five years. The Dutch Court found him guilty that bad actors are not prevented from using the Tornado Cash mixer. After the issuance, Persif aims to appeal the ruling. The main argument is that privacy is not deliberate money laundering and that anyone can code tools freely.

Distinguished symbol torn

In the aftermath of the news, the distinctive code (Torn) went, as it was circulated near the peak of 24 hours of $ 11.52. Torn reached its climax recently over $ 25 in January, and he had previously held vertical gatherings when good news was expected to Pertsev and a symbolic mixer activity.

It rose to its peak for more than $ 34 after the American court canceled the ban on the use of the mixed on November 27, 2024. The distinctive symbol was seen as a great ability to recover, as the previous prices were $ 120 during peak times. Pertsev editing and removing money laundering claims from the mixer may increase the price of the distinctive symbol.

Tornado Cash was not without users, and he was one of the movements of North Korean infiltrators.

While the mixer makes the losses of web3 users cannot be re -ignored, Tornado Cash supporters deal with the issue of creating a symbol as freedom of expression. Tornado Cash is simply an ETHEREUM smart nodes, which mixes coins, which makes their origin cannot be followed. The contract is used for some forms of money laundering, but the intention of the blog was simply providing confidentiality.

Tornado Cash has been linked to about 20 % of Exploited In the last quarter of 2024, mixing the money from both the large breakthroughs and thefts from the personal portfolios. In addition, Tornado Cash users used the mixer to the “dust” wallets and HeadlinesAnd that affected the central exchange users. Any documentary links to the governor that interact with Tornado Cash can lead users to a mark that money laundering and freezing their accounts.

Excessive regulations trying to target privacy technology have ended in harming Sharia encryption users, as European Union brokerage firms now require information about the assets of each deposit.

Positive judgment on hurricane criticism may have an impact on similar privacy techniques. Currently, privacy currencies faced a violent regulatory reaction and deleted most of the main stock exchanges.

Hurricane criticism deposits are back

Tornado Cash continues to host several hundreds of deposits and clouds, although it is still lower than its peak activity in 2022.

Most of the sediments come from Ethereum, with a simple expansion in mixing the distinctive symbols of the smart BNB series. The mixer carries 149 km, with a gradual increase in assets in the past two years. The mixer also 74,900 USDC, which is stuck and unusable.

Other 19.4 million Days were sent to Tornado Cash, along with 83 WBTC. The mixed also retains 31.7 thousand USD, a symbol that is also mixed compared to 2022.

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