Alexey Pertsev was sentenced by Dutch court to 64 months in prison in May 2024 for his role in Tornado Cash, which was found to have facilitated money laundering

Event date

May 1, 2024 - 12:00am

Quotes that support claims

The Netherlands resident, who has been in detention since 2022, is in the process of appealing his conviction on money laundering charges in connection with his work on developing Tornado Cash, a coin-mixing service used to mask the flow of Ethereum transactions. A Dutch court handed down a 64-month prison sentence to Pertsev in May 2024.

In May 2024, a Dutch court sentenced Pertsev to five years in prison, ruling that his role in Tornado Cash contributed to the laundering of criminal funds