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Tornado Cash Developer Sentenced to 64 Months in Prison by Dutch Courtmarkets.businessinsider.com/news/currencies/tornado-cash-developer-alexey-pertsev-found-guilty-of-money-laundering-1033375734?op=1
12.4k sats \ 7 comments \ @k00b 14 May bitcoin
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126 sats \ 1 reply \ @anon 14 May
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,”
...and Signal does not pose any barrier for criminals who want to communicate with it.
Dark days ahead.
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10 sats \ 0 replies \ @itsMoro 14 May freebie
encryption cant be allowed because bad people use it 😔
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100 sats \ 0 replies \ @03d99caedc 14 May
The “indiscriminate anonymous movement of money” being illegal is quite interesting.
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10 sats \ 0 replies \ @0xIlmari 15 May
An extremely disturbing ruling.
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121 sats \ 2 replies \ @k00b OP 14 May
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” according to the translated verdict seen by CoinDesk. “That is why the court regards the defendant guilty of the money laundering activities as charged.”
Seems like they are punishing him for not doing their job for them.
In the U.S., however, Storm is not accused of being responsible for the laundering of $1.2 billion due to differences in how U.S. and Dutch laws address personal responsibility in this type of alleged crime.
I thought he was arrested. I wonder what distinction there is between this case and samouri's.
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241 sats \ 1 reply \ @orthwyrm 14 May
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172 sats \ 0 replies \ @itsMoro 14 May freebie
if its still running and facilitating privacy, he only goes to jail for 64 months as the unfortunate scapegoat for some justice larping govt...i think that as a silving lining indicates the futility of attempting to hold back open source software and users from using it in useful ways. hopefully he can appeal successfully and/or get out sooner. id give to their defense fund if anyone knows of a link 🤙
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