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🚨Breaking News! Tornado Cash developer, Alexey Pertsev, has been sentenced to 64 months in prison by a Dutch court for money laundering. The court found that Pertsev had been involved in illicit transactions on the Tornado Cash platform between July 2019 and August 2022. The U.S Treasury had previously blacklisted Tornado Cash, alleging it was a key tool for the North Korean hacking group, Lazarus, linked to a $625 million hack of Axie Infinity’s Ronin Network. This case could set a precedent for future trials of other Tornado Cash developers facing similar allegations. What are your thoughts on this development? Share in the comments! 💭

🚨Breaking News! Tornado Cash developer, Alexey Pertsev, has been sentenced to 64 months in prison by a Dutch court for money laundering. The court found that Pertsev had been involved in illicit transactions on the Tornado Cash platform between July 2019 and August 2022.

The U.S Treasury had previously blacklisted Tornado Cash, alleging it was a key tool for the North Korean hacking group, Lazarus, linked to a $625 million hack of Axie Infinity’s Ronin Network.

This case could set a precedent for future trials of other Tornado Cash developers facing similar allegations. What are your thoughts on this development? Share in the comments! 💭

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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