the crypto community is mobilizing to free the creator of the code

Alexey Pertsev was arrested last week in the Netherlands. The previously discreet developer is accused of having created Tornado Cash and thus facilitating money laundering on the platform. A decision that created a tidal wave of indignation within the crypto community, which is currently campaigning to free him.

Crypto community outraged by arrest of Tornado Cash code creator

Alexey Pertsev’s wife, Ksenia Malik, as well as part of the crypto community, were indignant at the reasons for the imprisonment of the creator of Tornado Cash. The latter has indeed worked on the code underlying the cryptocurrency mixer, by offering it as open source. They therefore argue that the subsequent uses that have been made – in particular by criminals – are not the responsibility of Pertsev.

A sentiment shared by the 1inch Network, which called the community yesterday to mobilize for the release of the developer :

Is it really a crime to be an open source blockchain developer these days!?

A petition has been launched as well as a demonstration. It will take place on August 20 in Amsterdam. The hashtag #freealex was also proposed on social networks.

👉 On the same subject – What is a Bitcoin tumbler, or mixer?

The exchange that has the wind in its sails⭐

5% off your fees with this button

Questions that go far beyond cryptocurrencies

The Tornado Cash affair of course raises questions about the interest of anonymity… But also on the work of the developers. Can we accuse a developer of promoting money laundering when it has only offered open source code?

This could in any case set a dangerous precedent. Open source developers could thus be arrested because their code has been used by criminals. We have already seen several examples of this interpretation. We reported it to you last week, the Tornado Cash source code has been removed from GitHub, and some developers have had their accounts deleted:

The Tornado Cash case will therefore establish important milestones for the entire ecosystem. Ksenia Malik has also confirmed with our colleagues at CoinTelegraph that she wants these questions to be relayed as widely as possible:

We want to promote this cause so that as many people as possible are informed of this arrest. and the reasons why it is incorrect. This is a serious issue, as all open source developers and others can be affected by this accusation.»

We note, however, that counter-arguments exist, and that they will also be considered. Tornado Cash generating profits, it can be understood that its operators indirectly profit from the money laundering taking place on the platform. Where then should the limit be placed? This is the question that part of the crypto community will be grappling with in the coming months.

👉 To go further – OFAC sanctions on Tornado Cash: back on the consequences of this controversial case

Join Experts and a Premium Community

PRO

Invest in your crypto knowledge for the next bullrun

toaster icon

Image source: Alexey Pertsev via LinkedIn

Newsletter 🍞

Receive a summary of crypto news every Monday by email 👌

What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.

Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky in nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.

Leave a Comment