The fate of other cryptomixer creators is questionable.
Tornado Cash developer Alexey Pertsev was found guilty of money laundering by a Dutch court in ' s-Hertogenbosch. The court sentenced Pertsev to 64 months in prison.
After the verdict was announced, Pertsev was immediately taken to the pre-trial detention center at the court. He will be held there until he is transferred to the appropriate prison in the Netherlands.
Pertsev can appeal the verdict, which came into force from the moment of announcement. The time he has spent in custody since August 2022 does not appear to be included in the sentence.
The indictment, submitted before the trial, states that from July 9, 2019 to August 10, 2022, Pertsev "systematically engaged in money laundering" and should have at least suspected the criminal origin of illegal transactions on the Tornado Cash platform.
Alexey Pertsev was detained by the Dutch authorities in August 2022 after cryptomixer was blacklisted by the US government. At the time, the US Treasury Department claimed that the service was a key tool for the North Korean hacking group Lazarus, linked to the theft of $625 million from the Axie Infinity project's Ronin network and other major cryptocurrency thefts.
The outcome of the case may affect future lawsuits against other Tornado Cash creators. Roman Storm and Roman Semyonov are also charged with money laundering and violating US sanctions. Storm will appear in court in September, and Semenov has not yet been detained.
Tornado Cash developer Alexey Pertsev was found guilty of money laundering by a Dutch court in ' s-Hertogenbosch. The court sentenced Pertsev to 64 months in prison.
After the verdict was announced, Pertsev was immediately taken to the pre-trial detention center at the court. He will be held there until he is transferred to the appropriate prison in the Netherlands.
Pertsev can appeal the verdict, which came into force from the moment of announcement. The time he has spent in custody since August 2022 does not appear to be included in the sentence.
The indictment, submitted before the trial, states that from July 9, 2019 to August 10, 2022, Pertsev "systematically engaged in money laundering" and should have at least suspected the criminal origin of illegal transactions on the Tornado Cash platform.
Alexey Pertsev was detained by the Dutch authorities in August 2022 after cryptomixer was blacklisted by the US government. At the time, the US Treasury Department claimed that the service was a key tool for the North Korean hacking group Lazarus, linked to the theft of $625 million from the Axie Infinity project's Ronin network and other major cryptocurrency thefts.
The outcome of the case may affect future lawsuits against other Tornado Cash creators. Roman Storm and Roman Semyonov are also charged with money laundering and violating US sanctions. Storm will appear in court in September, and Semenov has not yet been detained.
