A prosecutor has filed a request for a 64-month prison sentence for the developer of Tornado Cash.

Quick Summary:

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 scheduled for May 14.

Treasury, which accused the platform of participating in laundering funds for the Lazarus Group, a cybercrime entity associated with North Korea.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaNorth KoreaNetherlands

Topics: Tornado Cash developer arrested Tornado cash Regulation News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 04:53:40 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20539269

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 59 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions