Tornado Cash

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

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Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

[ad_1] Pertsev has been accused of laundering $1.2 billion worth of crypto through the anonymizing tool Tornado Cash, the Dutch prosecutors detailed in an indictment that was shared ahead of the trial. The indictment said that between July 9, 2019 and Aug. 10, 2022 Pertsev made “a habit of committing money laundering.” [ad_2] Source link

Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial

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Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial

[ad_1] The indictment, seen by CoinDesk, says that between July 9, 2019 and Aug. 10, 2022, “at least in the Netherlands and/or in Russia and/or the United States and/or in Dubai, together and in association with one or more others, at least alone,” Pertsev allegedly “made a habit of committing money laundering.” [ad_2] Source link

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

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North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

[ad_1] Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. However, Sinbad itself was seized by U.S. authorities in November, prompting Lazarus to make the shift back to Tornado Cash, Elliptic said in its blog post. One of Tornado Cash’s … Read more