Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
Prosecutors in the Netherlands have recommended a 64-month jail sentence for Tornado Cash Developer Alexey Pertsev, who is on trial for money laundering. Pertsev is accused of laundering $1.2 billion in cryptocurrency through Tornado Cash between July 9, 2019, and August 10, 2022. He was first jailed in August 2022 after the Tornado Cash platform was blacklisted by the U.S. Treasury for its alleged use by the Lazarus Group, a North Korean hacking group linked to a $625 million hack of Axie Infinity’s Ronin Network. The trial's outcome could impact how developers are treated in courts worldwide. The verdict will be delivered on May 14. Other Tornado Cash developers, Roman Storm and Roman Semenov, also face money laundering and sanctions violation allegations in the U.S. Storm's trial is scheduled for September, while Semenov has not yet been arrested.
