Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Torn
Alexey Pertsev, the developer of the cryptocurrency mixing protocol Tornado Cash, has been found guilty of money laundering, raising potentially severe implications for open-source code developers.
Despite having no control over the funds, the developer was found guilty after first being jailed in the Netherlands in August 2022, shortly after Tornado Cash was blacklisted by the U.S. government.Crypto mixing is ‘not a crime,’ says CryptoQuant CEOAccording to a previous indictment, Pertsev should have suspected the illicit origins of some of the transactions on the platform that he co-developed.
During Pertsev’s previous trial in March, prosecutors argued that the developer didn’t create sufficient guardrails to prevent illicit money laundering.
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