Tornado Cash Developer Alexey Pertsev Will Face 64 Months in Prison in Money Laundering Case
Powered by @unfolded- Tornado Cash developer Alexey Pertsev has been found guilty of money laundering by a Dutch court and has been sentenced to 64 months in prison.
- The U.S. government had previously blacklisted Tornado Cash, alleging it was a key tool for the North Korean hacking group Lazarus, which has been tied to major crypto thefts.
- The trial result could impact future trials of other Tornado Cash developers, with one developer set to go to trial in the U.S. and another facing allegations of money laundering and sanctions violations.
- There are differences in how U.S. and Dutch laws address personal responsibility in alleged crimes, as evidenced by the fact that one developer is not accused of being responsible for money laundering in the U.S. due to these legal distinctions.