On May 14, a Dutch court found Alexey Pertsev, a developer of the cryptocurrency mixer Tornado Cash, guilty of money laundering, as reported by CoinDesk.
According to the indictment presented in court, Pertsev was charged with conducting at least 36 illegal transactions amounting to $1.2 billion through the crypto mixer from July 9, 2019, to August 10, 2022.
The court sentenced the developer to 64 months in prison.
Previously, a legal expert criticized the “outrageous statements” made by the US Department of Justice regarding the Tornado Cash case.
In August 2022, OFAC blacklisted Tornado Cash for its involvement in laundering over $7 billion in illicit funds.
That same month, developer Alexey Pertsev was arrested. In April 2023, his detention was changed to house arrest.
Charges of money laundering and sanctions violations in the US have also been brought against Tornado Cash co-founders Roman Storm and Roman Semenov. The former was released on bail and refused to plead guilty, while the latter remains free but came under sanctions.