Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Crypto Community Voices Outrage at Tornado Cash Developer Verdict

Summary

Alexey Pertsev, developer of Tornado Cash, was found guilty of money laundering in the Netherlands and sentenced to 64 months in prison. The crypto community expressed shock and divided opinions on the verdict. Regulators globally are tightening anti-money laundering rules for crypto. The platform has been linked to North Korean hacking group Lazarus. The verdict may impact the trials of other Tornado Cash developers. Pertsev has applied to appeal the verdict, which could potentially overrule the decision.