web story
Tornado Cash Developer Convicted of Money Laundering
Pertsev, Tornado Cash developer, found guilty of money laundering in the Netherlands, sentenced to over five years.
Pertsev, Tornado Cash developer, found guilty of money laundering in the Netherlands, sentenced to over five years.
Tornado Cash allegedly helped criminals, including North Korean hackers, launder $1.2 billion in stolen crypto.
Tornado Cash, a crypto mixer, aimed to hide coin origins but was used for money laundering.
Despite claiming autonomy, Pertsev and developers were held responsible for Tornado Cash's misuse.
Case sparks debates on developer accountability, privacy, and combating criminal activities.