On July 12, a Dutch court refused to release Tornado Cash developer Alexey Pertsev, who was sentenced on money laundering charges, as he prepares to appeal. A spokesperson for the Court of Appeal in Schertogenbosch, the Netherlands, revealed that Pertsev will remain in custody. His defence counsel Keith Cheng and Judith de Boer argued that Pertsev would not abscond and that he would need to go online to prepare for an appeal trial. Pertsev was arrested in August 2022, just days after the US Treasury imposed sanctions on Tornado Cash. He was taken into custody, and prosecutors disclosed his money laundering charges three months later. Pertsev was released from house arrest after eight months in prison, and he was finally released under certain conditions last year. Now, his lawyers argue that Pertsev's risk of absconding could not be greater than before. Another Tornado Cash developer, Roman Storm, will stand trial in the United States in September on charges of money laundering, conspiring to operate an unlicensed money transfer business, and conspiring to violate U.S. sanctions laws. (DL News)