Tornado Cash Developer Alexey Pertsev Requests Additional Funding for Legal Appeal

Alexey Pertsev, the developer of the crypto mixing service Tornado Cash, is facing a critical juncture in his legal battle as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.
Dot
August 11, 2024
Dean Fankhauser

Dean has an economics and startup background which led him to create Bitcompare. He primarly writes opinion pieces for Bitcompare. He's also been a guest on BBC World, and interviewed by The Guardian and many other publications.

TABLE OF CONTENTS

Alexey Pertsev, the developer of the crypto mixing service Tornado Cash, is facing a critical juncture in his legal battle as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.

Pertsev, who was arrested two years ago, is embroiled in a high-stakes legal dispute against government forces equipped with vast resources dedicated to his prosecution. The support account for Pertsev and his co-developer Roman Storm has highlighted the dire financial situation, noting that Pertsev has exhausted his funds and is in urgent need of between $750,000 and $1 million to cover ongoing legal expenses.

Crypto Community Support

The crypto community has shown unwavering support for Pertsev and Storm, who have been charged with money laundering, sanctions violations, and operating an unlicensed money-transmitting business through Tornado Cash. This support has culminated in the creation of JusticeDAO, an advocacy group aimed at raising funds for the developers' legal defenses.

By June 19, JusticeDAO had raised over 654 Ether (ETH), equivalent to approximately $2.3 million at that time, through a fundraiser titled "Free Alexey & Roman" on the decentralized platform Juicebox. Additionally, another 70 Ether was raised via the JusticeDAO page. Juicebox has maintained transparency by releasing a publicly available spreadsheet that tracks the expenses of the "Free Alexey & Roman" fund, revealing that $1.39 million was spent on legal fees between December 2023 and May 2024.

Pertsev's Legal Battle

Despite these substantial efforts, the financial demands of Pertsev's legal battle are immense. He remains incarcerated after being denied bail, and his lawyers are preparing to appeal the charges of money laundering. Pertsev's situation has been further complicated by the denial of his request to access a computer to prepare for his appeal, highlighting the challenges he faces in mounting an effective defense.

Pertsev was found guilty of money laundering by the 's-Hertogenbosch Court of Appeal in the Netherlands on May 14, receiving a sentence of five years and four months in prison. The court's decision was based on allegations that Pertsev laundered $1.2 billion worth of illicit assets through Tornado Cash. During his March trial, Pertsev argued that he should not be held liable for the actions of individuals who used the Tornado Cash protocol for illegal purposes, but the court dismissed this argument, stating that Pertsev and his co-founders could have implemented additional measures to prevent criminal misuse of the protocol.

Tornado Cash Developer Alexey Pertsev Requests Additional Funding for Legal Appeal

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Alexey Pertsev, the developer of the crypto mixing service Tornado Cash, is facing a critical juncture in his legal battle as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.

Pertsev, who was arrested two years ago, is embroiled in a high-stakes legal dispute against government forces equipped with vast resources dedicated to his prosecution. The support account for Pertsev and his co-developer Roman Storm has highlighted the dire financial situation, noting that Pertsev has exhausted his funds and is in urgent need of between $750,000 and $1 million to cover ongoing legal expenses.

Crypto Community Support

The crypto community has shown unwavering support for Pertsev and Storm, who have been charged with money laundering, sanctions violations, and operating an unlicensed money-transmitting business through Tornado Cash. This support has culminated in the creation of JusticeDAO, an advocacy group aimed at raising funds for the developers' legal defenses.

By June 19, JusticeDAO had raised over 654 Ether (ETH), equivalent to approximately $2.3 million at that time, through a fundraiser titled "Free Alexey & Roman" on the decentralized platform Juicebox. Additionally, another 70 Ether was raised via the JusticeDAO page. Juicebox has maintained transparency by releasing a publicly available spreadsheet that tracks the expenses of the "Free Alexey & Roman" fund, revealing that $1.39 million was spent on legal fees between December 2023 and May 2024.

Pertsev's Legal Battle

Despite these substantial efforts, the financial demands of Pertsev's legal battle are immense. He remains incarcerated after being denied bail, and his lawyers are preparing to appeal the charges of money laundering. Pertsev's situation has been further complicated by the denial of his request to access a computer to prepare for his appeal, highlighting the challenges he faces in mounting an effective defense.

Pertsev was found guilty of money laundering by the 's-Hertogenbosch Court of Appeal in the Netherlands on May 14, receiving a sentence of five years and four months in prison. The court's decision was based on allegations that Pertsev laundered $1.2 billion worth of illicit assets through Tornado Cash. During his March trial, Pertsev argued that he should not be held liable for the actions of individuals who used the Tornado Cash protocol for illegal purposes, but the court dismissed this argument, stating that Pertsev and his co-founders could have implemented additional measures to prevent criminal misuse of the protocol.

Dean Fankhauser

Dean has an economics and startup background which led him to create Bitcompare. He primarly writes opinion pieces for Bitcompare. He's also been a guest on BBC World, and interviewed by The Guardian and many other publications.

Alexey Pertsev, the developer of the crypto mixing service Tornado Cash, is facing a critical juncture in his legal battle as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.

Pertsev, who was arrested two years ago, is embroiled in a high-stakes legal dispute against government forces equipped with vast resources dedicated to his prosecution. The support account for Pertsev and his co-developer Roman Storm has highlighted the dire financial situation, noting that Pertsev has exhausted his funds and is in urgent need of between $750,000 and $1 million to cover ongoing legal expenses.

Crypto Community Support

The crypto community has shown unwavering support for Pertsev and Storm, who have been charged with money laundering, sanctions violations, and operating an unlicensed money-transmitting business through Tornado Cash. This support has culminated in the creation of JusticeDAO, an advocacy group aimed at raising funds for the developers' legal defenses.

By June 19, JusticeDAO had raised over 654 Ether (ETH), equivalent to approximately $2.3 million at that time, through a fundraiser titled "Free Alexey & Roman" on the decentralized platform Juicebox. Additionally, another 70 Ether was raised via the JusticeDAO page. Juicebox has maintained transparency by releasing a publicly available spreadsheet that tracks the expenses of the "Free Alexey & Roman" fund, revealing that $1.39 million was spent on legal fees between December 2023 and May 2024.

Pertsev's Legal Battle

Despite these substantial efforts, the financial demands of Pertsev's legal battle are immense. He remains incarcerated after being denied bail, and his lawyers are preparing to appeal the charges of money laundering. Pertsev's situation has been further complicated by the denial of his request to access a computer to prepare for his appeal, highlighting the challenges he faces in mounting an effective defense.

Pertsev was found guilty of money laundering by the 's-Hertogenbosch Court of Appeal in the Netherlands on May 14, receiving a sentence of five years and four months in prison. The court's decision was based on allegations that Pertsev laundered $1.2 billion worth of illicit assets through Tornado Cash. During his March trial, Pertsev argued that he should not be held liable for the actions of individuals who used the Tornado Cash protocol for illegal purposes, but the court dismissed this argument, stating that Pertsev and his co-founders could have implemented additional measures to prevent criminal misuse of the protocol.

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Dean Fankhauser