The Ethereum Foundation has donated $1.25 million to support Tornado Cash developer Alexey Pertsev’s legal defense as he prepares to appeal his money laundering conviction in the Netherlands.
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The Ethereum Foundation (EF) has donated $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev, who is preparing to appeal his money laundering conviction in the Netherlands.
“Privacy is normal, and writing code is not a crime,” the EF wrote in an X post while announcing the donation on Feb. 26.
Source: Alexey Pertsev
Pertsev subsequently took to X to repost the EF’s announcement, expressing gratitude for the donation to his legal defense of the case in the Netherlands.
“I’m very grateful that I can now completely focus on preparing my appeal. This means the world to me,” he said.
Pertsev left prison custody in early February
The donation came weeks after Pertsev left prison custody in early February as part of the pretrial release.
The release marked a significant development in the ongoing legal battle related to Pertsev’s role at Tornado Cash after he was arrested by the Dutch authorities in August 2022.
A Russian national and resident of the Netherlands, Pertsev was found guilty of money laundering by a Dutch court in May 2024 and was sentenced to five years and four months in prison.
This is a developing story, and further information will be added as it becomes available.
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This article first appeared at Cointelegraph.com News