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coinpedia 2024-05-14 13:17:10

Tornado Cash Developers To Face 5 Years Jail Over $1.2B Money-Laundering Case

The post Tornado Cash Developers To Face 5 Years Jail Over $1.2B Money-Laundering Case appeared first on Coinpedia Fintech News A Dutch court has convicted Alexey Pertsev, the developer of the crypto mixing platform Tornado Cash, of laundering $1.2 billion in illicit assets. Pertsev, a 31-year-old Russian national, faces a significant sentence of five years in prison following the guilty verdict on May 14. Pertsev Case Details Alexey Pertsev, the mastermind behind the Tornado Cash …

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