Tornado Cash Developer Alexey Pertsev Found Guilty of Money Laundering
Powered by @unfolded- Tornado Cash developer Alexey Pertsev has been found guilty of money laundering by a Dutch judge.
- The indictment stated that Pertsev had been involved in money laundering between July 2019 and August 2022 through the Tornado Cash platform.
- The U.S. Treasury had previously blacklisted Tornado Cash, alleging it was used by the North Korean hacking group Lazarus for illicit activities.
- The trial outcome may impact future trials of other Tornado Cash developers, including Roman Storm and Roman Semenov, who also face allegations of money laundering and sanctions violations.