Tornado Cash dev Alexey Pertsev gets 5 years prison-time for money laundering

Alexey Pertsev, the developer behind crypto mixer Tornado Cash, has been found guilty of money laundering by a Dutch court in ‘s-Hertogenbosch. Pertsev, was first imprisoned in the Netherlands, where he had been residing, in August 2022 on charges of money laundering worth of $1.2bn in cryptocurrency. He was released in April 2023 and remained under house arrest pending his trial in March this year — the verdict of which was announced today. Pertsev’s arrest in the Netherlands came shortly after the US Treasury sanctioned Tornado Cash, alleging that the platform’s technology helped North Korea’s notorious Lazarus Group launder money…

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