Alexey Pertsev, the developer of Tornado Cash, has been handed a jail sentence of 64 months by a Dutch court docket. The ruling is in response to his involvement in cash laundering actions totaling $1.2 billion. The verdict was delivered on the s-Hertogenbosch court docket on Tuesday, May 14.
Tornado Cash’s Alexey Pertsev Sentenced To 64 Months Prison
The above-mentioned judgement in opposition to the Tornado Cash developer marks a decisive second within the authorized battle in opposition to illicit monetary practices inside the crypto area. Moreover, Pertsev’s indictment outlined a sample of cash laundering spanning from July 9, 2019, to August 10, 2022. During this era, he allegedly facilitated transactions with prison origins by means of the Tornado Cash platform.
In addition, the court docket deemed Pertsev complicit within the unlawful actions. It additionally emphasised that he ought to have been conscious of the illicit nature of the transactions. Furthermore, this ruling units a precedent that might influence future trials involving different Tornado Cash builders.
Roman Storm and Roman Semenov, co-developers of the crypto mixer, are additionally going through accusations of cash laundering and sanctions violations within the United States. Storm was apprehended final yr following Tornado Cash’s addition to the U.S. sanctions watchlist. Moreover, he’s scheduled for trial in September 2024. However, Semenov stays at giant, with no reported arrests at current.
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