News with the tag "tornado cash developer"

Roman Storm, co-founder of Tornado Cash, has addressed the ongoing legal case against him after sanctions on the privacy-focused cryptocurrency platform were lifted. Storm, who is currently facing charges that include conspiracy to commit money laundering and operating an unlicensed money-transmitti...

The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols.

Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.

In a recent development Alexey Pertsev, the developer of the controversial Tornado Cash protocol, has been denied release by a Dutch court. This latest ruling, handed down on Friday, July 12, marks another chapter in the ongoing legal saga surrounding the crypto mixer platform. Details of the Tornad...

Alexey Pertsev, the developer of Tornado Cash, has been handed a prison sentence of 64 months by a Dutch court. The ruling is in response to his involvement in money laundering activities totaling $1.2 billion. The verdict was delivered at the s-Hertogenbosch court on Tuesday, May 14. Tornado Cash’s...

Dutch prosecutors have officially requested 64-month imprisonment for Alexey Pertsev, a developer associated with Tornado Cash, a cryptocurrency mixing service. The trial, which has garnered considerable attention, concluded its proceedings at the ‘S-Hertogenbosch court, with the final verdict sched...

The individual behind an Arbitrum DAO proposal, which sought to donate up to $1.28 million in cryptocurrency to aid Tornado Cash developers Roman Storm and Alexey Pertsev in their legal defense against criminal charges, has withdrawn the proposal. Recent updates reveal that concerns raised by token ...

The author of an ArbitrumDAO proposal, aiming to contribute up to $1.28 million in cryptocurrency towards supporting Tornado Cash developers Roman Storm and Alexey Pertsev’s legal defense against criminal charges, has retracted the proposal. As per the latest reports, token holders raised concerns r...