Dutch Court Sentences Tornado Cash Developer To 64 Months For Money Laundering
Summary
Alexey Pertsev, co-developer of Tornado Cash, has been sentenced to 64 months in prison by a Dutch court for creating and maintaining the crypto mixing tool. The court alleges Tornado Cash facilitated money laundering, including $1.2 billion in Ethereum from thefts or hacks, potentially exceeding $2.2 billion. Despite Pertsev's claim of providing privacy solutions, the court found the tool actively involved in money laundering and held him responsible for its operation. Tornado Cash's concealment features made it attractive to criminal users, with nearly $450 million from the "Axie Infinity hack" laundered through it. Pertsev's seized assets will not be returned, and one co-founder is arrested while another remains a fugitive.
