A panel of judges in the Netherlands has found Alexey Pertsev, one of the developers behind crypto anonymizing tool Tornado Cash, guilty of money laundering.
Over the course of two days in March, the Russian national was tried on the allegation that the tool he developed had allowed criminals—among them hackers with ties to North Korea—to freely launder $1.2 billion in stolen cryptocurrency. “The management of Tornado Cash welcomed the bank robbers with open arms,” the prosecutors wrote in a March court filing.
Dutch judges sentenced Pertsev to five years and four months in prison on Tuesday, which was the term requested by prosecutors in the case.
“With Tornado Cash, the defendant
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