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🚨 Tornado Cash Developer Placed Under House Arrest 🚨

Tornado Cash developer Alexey Pertsev, convicted of laundering $1.2 billion, will soon be released from prison under house arrest. A Dutch court has suspended his pre-trial detention, allowing him to work on his appeal. Pertsev noted that "this isn’t true freedom, but it’s better than prison."

Crypto mixers like Tornado Cash help users maintain privacy by breaking transfers into multiple transactions. While they have legitimate use cases, they are often linked to illicit activities.

Following the news, the Tornado Cash (TORN) token surged nearly 40%, currently trading around $12.7. 🚀