Alexey Pertsev was found guilty of money laundering by a Dutch judge at the s-Hertogenbosch court: 64 months in prison.
On May 14, Alexey Pertsev, one of the developers of the crypto mixer Tornado Cash, was found guilty of money laundering by a Dutch judge. The sentence entails 64 months of imprisonment.
An indictment shared ahead of the trial stated that between July 9, 2019, and August 10, 2022, Pertsev had “a habit of committing money laundering and that he should have at least suspected the criminal origins of illicit transactions on Tornado Cash.” According to Dutch prosecutors, Alexey Pertsev laundered $1.2 billion.
Pertsev was incarcerated in the Netherlands in August 2022.
Pertsev’s conviction could have repercussions on the future of the other two Tornado Cash developers, Roman Storm and Roman Semenov. The two developers, in addition to money laundering charges, are also accused of sanctions violations in the United States. Storm will be tried this year in September, while Semenov remains at large.
In the United States, authorities claim that entities like North Korea’s Lazarus Group hackers have used Tornado Cash to launder funds.
