A Dutch court recently handed down a stunning verdict, sentencing Alexey Pertsev, the brains behind Tornado Cash, to a five-year prison term. This unprecedented ruling has sent shockwaves across the global crypto community, igniting concerns about the future trajectory of privacy and innovation within the industry.
The essence of the court’s judgment is deeply unsettling: Pertsev stands convicted of money laundering, not for directly engaging in criminal activities, but for his role in developing and maintaining Tornado Cash, an open-source and permissionless privacy tool built atop the Ethereum (ETH) blockchain.·
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