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- The developer of crypto tumbler Twister Money is going through cash laundering accusations.
- Pertsev is about to look in courtroom to face trial for his accusations on March 26.
- The defendant’s lawyer claims prosecutors aren’t being clear in regards to the actual crime the developer dedicated.
In line with an indictment by Dutch prosecutors, the developer of Twister Money, an open-source, non-custodial, totally decentralized tumbler, is going through an accusation of laundering $1.2 billion.
In line with the three-page doc written in Dutch, Alexey Pertsev has allegedly developed a sample of partaking in cash laundering. Experiences claimed that the developer is about to look for trial within the Dutch metropolis of ‘s-Hertogenbosch beginning March 26.
Within the indictment, the prosecutors have listed 36 allegedly illicit transactions from decentralized protocols to Twister Money. Furthermore, it alleges that Pertsev was a co-perpetrator in laundering property by way of the crypto mixer.
One of many alleged illicit transactions concerned a big sum exceeding 175 ETH. The transaction was reported to have originated from Ronin Bridge, a cryptocurrency protocol linking the extensively performed sport Axie Infinity to the Ethereum blockchain.
Reportedly, Keith Cheng, Pertsev’s lawyer, who has been representing the accused since his preliminary arrest in August 2022, claims prosecutors usually are not being clear in regards to the actual act that he has dedicated to participate within the legal offense. Pertsev has denied that he has violated cash laundering legal guidelines ever since he was arrested in August 2022.
In 2022, 50 protesters surged onto Dam Sq. in Amsterdam, demanding the discharge of 29-year-old Pertsev. Pertsev, who was held two days after the freezing of Twister Money, was given a verdict on August 12, the place the decide adjudicated him to be stored underneath custody for 2 weeks following a closed-door listening to. Pertsev was launched in April 2023 after serving practically 9 months and was topic to ankle bracelet monitoring.
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