Dutch court sentences developer of crypto mixer used for North Korean laundering



News Dutch court sentences developer of crypto mixer used for North Korean laundering Ruling finds Tornado Cash founder responsible for how software is used, drawing criticism from open-source advocates Shreyas Reddy May 16, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Illustration of cryptocurrency behind prison bars A Dutch court has sentenced a founder of a cryptocurrency laundering service used by North Korean cybercriminals to over five years in prison, finding that the Russian national “created a shortcut for financing crimes and terrorism.” The ruling against 31-year-old Alexey Pertsev over his role in the development of Tornado Cash raised questions about developers’ responsibility when users abuse their software for criminal purposes, with some cryptocurrency advocates accusing the court of constraining access to privacy tools. A Dutch court has sentenced a founder of a cryptocurrency laundering service used by North Korean cybercriminals to over five years in prison, finding that the Russian national “created a shortcut for financing crimes and terrorism.” The ruling against 31-year-old Alexey Pertsev over his role in the development of Tornado Cash raised questions about developers’ responsibility when users abuse their software for criminal purposes, with some cryptocurrency advocates accusing the court of constraining access to privacy tools. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Dutch court sentences developer of crypto mixer used for North Korean laundering

Ruling finds Tornado Cash founder responsible for how software is used, drawing criticism from open-source advocates

Shreyas Reddy May 16, 2024

Dutch court sentences developer of crypto mixer used for North Korean laundering

Illustration of cryptocurrency behind prison bars

A Dutch court has sentenced a founder of a cryptocurrency laundering service used by North Korean cybercriminals to over five years in prison, finding that the Russian national “created a shortcut for financing crimes and terrorism.”

The ruling against 31-year-old Alexey Pertsev over his role in the development of Tornado Cash raised questions about developers’ responsibility when users abuse their software for criminal purposes, with some cryptocurrency advocates accusing the court of constraining access to privacy tools.

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Dutch court sentences developer of crypto mixer used for North Korean laundering

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