Developer Alexey Pertsev Anticipates Release, Sparks Token Surge – BitRss

The legal proceedings surrounding Tornado Cash developer Alexey Pertsev are expected to conclude with his conditional release on February 7, 2025. Following the announcement, the price of the local token TORN witnessed a surge of over 15%, signaling positive market reactions to the news and indicating a growing interest in the developments related to Pertsev’s case.

Release Process of the Developer

Pertsev has indicated that he may be released under electronic supervision. This announcement provides insights into his ongoing legal battle and the challenges he faces post-release. The Dutch court’s decision to suspend the preliminary hearing has brought clarity to the steps toward potential release.

Community and Support

The community has responded positively to Pertsev’s anticipated release, with Ethereum $2,687 founder Vitalik Buterin’s supportive message amplifying the sentiment. Discussions have also resurfaced regarding similar cases that previousl…