Tornado Cash Developer, Alexey Pertsev, Seeks Funds For Legal Defense

Quick Summary:

Alexey Pertsev, a developer for Tornado Cash, is raising funds for his legal defense in the Netherlands, sparking concerns about the criminalization of open-source software.

The case raises concerns about holding developers liable for others misusing their code.

Globally, regulators have intensified their scrutiny of privacy protocols, claiming that terrorist groups and rogue states like North Korea use these technologies to hide illegal digital assets.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaNorth KoreaNetherlandsOman

Topics: Developer Tornado Cash Alexey Pertsev News Latest News Funds Seeks Legal Defense

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 15:21:58 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22066897

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

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Publisher ID: #121

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