Tag: Keith Cheng

No Mercy for Russian Developer: Tornado Cash Developer Alexey Pertsev Denied Bail While Preparing Appeal!

Court Cases Charlene Lensburg - July 14, 2024

In the high-profile crypto money laundering case against Tornado Cash developer Alexey Pertsev, a court has denied his bail, compelling him to remain in custody as his legal team prepares the appeal. As reported, on May 14, a Dutch court sentenced the 31-year-old Russian national to a 64-month prison term, or more than five years, for laundering $2.2 billion in stolen and hacked crypto through the Tornado Cash crypto mixer.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.