- The developer of crypto tumbler Tornado Cash is facing money laundering accusations.
- Pertsev is set to appear in court to stand trial for his accusations on March 26.
- The defendant’s lawyer claims prosecutors aren’t being transparent about the exact crime the developer committed.
According to an indictment by Dutch prosecutors, the developer of Tornado Cash, an open-source, non-custodial, fully decentralized tumbler, is facing an accusation of laundering $1.2 billion.
According to the three-page document written in Dutch, Alexey Pertsev has allegedly developed a pattern of engaging in money laundering. Reports claimed that the developer is set to appear for trial in the Dutch city of ‘s-Hertogenbosch starting March 26.
In the indictment, the prosecutors have listed 36 allegedly illicit transactions from decentralized protocols to Tornado Cash. Moreover, it alleges that Pertsev was a co-perpetrator in laundering assets through the crypto mixer.
One of the alleged illicit transactions involved a large sum exceeding 175 ETH. The transaction was reported to have originated from Ronin Bridge, a cryptocurrency protocol linking the widely played game Ax…
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