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Tornado Cash developer will remain in jail until late February 2023

Alexey Pertsev, one of Tornado Cash’s developer, stands accused of facilitating money laundering, due to his contribution in the protocol’s code.
Pertsev has been detained since his arrest in Amsterdam in August. The Netherlands court ordered that he stays in jail until February 20th, as he represents a “flight risk”.
The Tornado Cash protocol was sanctioned by the U.S. treasury as it was allegedly being used by North Korean hackers to launder large amounts of digital assets. As a reminder, the protocol was a mixer, enabling to mask some of the transfers’ information.

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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