Code is not law: Tornado Cash co-founder gets 64 months for money laundering
Alexey Pertsev was accused of allowing criminals to launder US$1.2 billion worth of the Ethereum network’s ETH token through the Tornado Cash coin mixing service.
Alexey Pertsev was accused of allowing criminals to launder US$1.2 billion worth of the Ethereum network’s ETH token through the Tornado Cash coin mixing service.
Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no role in criminals using the coin mixing service—arguments that the DOJ quashed.
The two co-founders of the Ethereum-based mixer Tornado Cash were charged by the U.S. Department of Justice with money laundering and sanction violations after they allegedly helped launder $1 billion.