hannawilson0259c6f770c on Nostr: Tornado Cash developer Alexey Pertsev has been sentenced to just over 5 years in ...
Tornado Cash developer Alexey Pertsev has been sentenced to just over 5 years in prison for alleged money laundering.
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.
The judge stated that the platform was "intended for criminals" and that Pertsev should have been suspicious of the criminal origins of transactions.
The closely-watched case marks a major blow to financial privacy advocates. Many critics argue that Pertsev is being unfairly targeted as the developer of an open-source platform.
Further, they say he did not have control over how users chose to employ Tornado Cash to obscure transaction histories on the public blockchain.
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.
The judge stated that the platform was "intended for criminals" and that Pertsev should have been suspicious of the criminal origins of transactions.
The closely-watched case marks a major blow to financial privacy advocates. Many critics argue that Pertsev is being unfairly targeted as the developer of an open-source platform.
Further, they say he did not have control over how users chose to employ Tornado Cash to obscure transaction histories on the public blockchain.