Tornado Cash Developer Appeals Money Laundering Conviction

• Alexey Pertsev, a developer of Tornado Cash, appealed the money laundering conviction; the appeal process may take months, status is uncertain.
• Dutch court convicts Pertsev of money laundering, stating Tornado Cash lacks safeguards against laundering criminal assets; appeal pending.

Alexey Pertsev, the developer of Tornado Cash, has appealed the court's decision on his money laundering case. According to various reports, the appeal process is anticipated to take several months, although it remains unclear whether the appeal has been granted.

According to the translated verdict seen by CoinDesk, “Tornado Cash does not pose any barrier for people with criminal assets who want to launder them. That is why the court regards the defendant guilty of the money laundering activities as charged.”

A Dutch judge at the s-Hertogenbosch court convicted Pertsev of money laundering on Tuesday. The trial followed an indictment stating that Pertsev had engaged in money laundering between July 9, 2019, and August 10, 2022. The prosecution argued that Pertsev should have suspected the transactions on the Tornado Cash platform were from illegal sources.