The software developer who is behind bars because of his involvement in the crypto mixing protocol Tornado Cash will be conditionally released from prison.
In a post on social media platform X, Alexey Pertsev says he will be out on Friday after a Dutch court decided to suspend his pretrial detention.
He says he has to wear an electronic monitor as a condition for his release.
“Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison.”
Pertsev is one of the developers of Tornado Cash, the popular coin mixing service that the U.S. Treasury Department sanctioned in 2022.
In August 2022, Dutch authorities arrested Pertsev, accusing him of helping Tornado Cash users conceal the proceeds of their criminal activities.
In May, the Netherlands’ Oost-Brabant district court sentenced Pertsev to five years and four months in jail for laundering over $2 billion worth of funds.
The developer initiated an appeal and petitioned the court to grant him bail. This week’s development will allow him to challenge his conviction without the constraints of confinement.
“This will give me a chance to work on my appeal and fight for justice. Thank you to everyone who supported me and who made this possible!”
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