{"id":25105,"date":"2024-05-14T13:04:24","date_gmt":"2024-05-14T13:04:24","guid":{"rendered":"https:\/\/bitcoins-101.com\/2024\/05\/14\/tornado-cash-dev-alexey-pertsev-sentenced-to-64-months-in-prison\/"},"modified":"2024-05-14T13:04:24","modified_gmt":"2024-05-14T13:04:24","slug":"tornado-cash-dev-alexey-pertsev-sentenced-to-64-months-in-prison","status":"publish","type":"post","link":"https:\/\/bitcoins-101.com\/2024\/05\/14\/tornado-cash-dev-alexey-pertsev-sentenced-to-64-months-in-prison\/","title":{"rendered":"Tornado Cash Dev Alexey Pertsev Sentenced to 64 Months in Prison"},"content":{"rendered":"<p>Alexey Pertsev, a developer for the Ethereum-based crypto mixer <a href=\"https:\/\/bitcoinmagazine.com\/technical\/is-bitcoin-next-after-tornado-cash\">Tornado Cash<\/a>, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.<\/p>\n<p>The judge stated that the platform was &#8220;intended for criminals&#8221; and that Pertsev should have been suspicious of the criminal origins of transactions.<\/p>\n<p>The closely-watched case marks a major blow to financial privacy advocates.\u00a0Many critics argue that Pertsev is being unfairly targeted as the developer of an open-source platform.\u00a0<\/p>\n<p>Further, they say he did not have control over how users chose to employ Tornado Cash to obscure transaction histories on the public blockchain.<\/p>\n<p>Nonetheless, prosecutors successfully argued that Pertsev did too little to prevent the mixer from being utilized for money laundering.\u00a0<\/p>\n<p>They rejected claims that his obligations were lessened due to the decentralized nature of the platform&#8217;s operations.<\/p>\n<p>                        <a href=\"https:\/\/bm.b.tc\/unchained-bmag-dot-com\"><\/a><\/p>\n<p>Experts predict it will have a chilling effect on development of open-source tools that enable anonymity on Bitcoin and other blockchains. They argue it sets a precedent for holding developers liable for the actions of anonymous users.<\/p>\n<p>Tornado Cash was sanctioned by the US Treasury Department in 2022 over allegations it obscured funds stolen by North Korean state hackers. Pertsev was arrested days later, dealing a major blow to the embryonic crypto privacy sector.<\/p>","protected":false},"excerpt":{"rendered":"<p>Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday. The judge stated that the platform was &#8220;intended for criminals&#8221; and that Pertsev should have been suspicious of the criminal origins of transactions. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25105","post","type-post","status-publish","format-standard","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/25105"}],"collection":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/comments?post=25105"}],"version-history":[{"count":0,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/25105\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/media?parent=25105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/categories?post=25105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/tags?post=25105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}