The developer of Tornado Cash is finally released from prison: report

The developer of Tornado Cash is finally released from prison: report

According to a report by Blockworks, Alexey Pertsev, the developer of the crypto-privacy mixer Tornado Cash, will be released from prison next week and is waiting for the process at home.

• According to Eléonore Blanc, Pertseev's wife, who claimed via Telegram, said that the developer would come home next week.
• perzew was arrested in August 2022, shortly after the office of foreign assets control (ofac) Ministry of Finance Tornado Cash sanctioned, which created unprecedented restrictions against the development and use of smart contract code.
• The developer was later deposit refused for months, although no formal charges levied at this point in time became. However, it was found that Pertsev had worked for a Russian company called Digital Security, which was characterized by the support of the National FSB.
• Pertseev's arrest triggered outrage over the apparently excessive hard treatment of someone who had only developed software in the entire cryptocurrency area.
• Other, including Jeremy Allaire, CEO from CIRCLE, were concerned about the precedent that the Ministry of Finance had created when the functioning of open source software blocked.
• "There are exceptional questions about data protection and the security on the Internet and the future of the digital currency on public internet", he said called
• Despite the sanctions, Tornado Cash is still technically accessible and will continue to do so generate . At the beginning of this month, over $ 600,000 of stable coins from the Maker dao-hack 2021 sent by the protocol.

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