Tornado Cash Developer Convicted of Money Laundering (1)

Alexey Pertsev, the developer of cryptocurrency mixing service Tornado Cash, was sentenced to five years and four months in prison by Dutch authorities for helping launder more than $2 billion.

Pertsev co-founded Tornado Cash with two other men in 2019 as a tool to make financial transactions harder to trace using a cryptocurrency. That’s a feature the Dutch court cited in rendering its verdict.

A lawyer for Pertsev didn’t immediately respond to an email seeking comment.

“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” the district court of East-Brabant said in ...