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Tornado Cash's Alexey Pertsev Sentenced to 5+ Years in Prison

He was convicted on money laundering charges.
David C David C May 14, 20241 min read
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Tornado Cash's Alexey Pertsev Sentenced to 5+ Years in Prison

Tornado Cash developer Alexey Pertsev was convicted on money laundering charges and sentenced to 64 months in prison by a Dutch court today.

What's the scoop?

  • Sentence: Pertsev, 31, was found guilty of laundering billions in crypto through Tornado Cash between 2019 and 2022, resulting in a sentence of five years and four months in prison.
  • Judicial Comment: One judge stated, “Tornado Cash in its nature and functioning is a tool intended for criminals.”
  • Broader Context: Pertsev is not alone in facing legal action for developing Tornado Cash. The protocol’s co-founder, Roman Storm, is facing similar charges in the U.S — with a trial set for September in New York.
  • Appeal Window: Pertsev’s legal team has 14 days to appeal the decision. 

Bankless Take:

Pertsev's sentence sets plenty of dangerous precedents for both crypto and tech development broadly. While the Dutch courts seem to have made a number of leaps in ending up at this conviction that likely would not have gelled with U.S. law, his unjust conviction is the latest development in a global war on crypto protocols and developers. Just this week, House Democrats introduced a bill in the U.S. targeting mixing services to combat money laundering.

A Sad Day for The Netherlands on Bankless
Developer Alexey Pertsev was sentenced to prison over privacy software.
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David C

Written by David C

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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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