logo

Tornado Cash cryptomixer dev gets 64 months for laundering $2 billion

ID: 1a0b8eba-4b61-5652-a915-02d37e2c8a70

STIX ID: report--1a0b8eba-4b61-5652-a915-02d37e2c8a70

Feed Name: Bleeping Computer

Threat Score
70/100

Date Published: 2024-05-15

Date Updated: 2026-04-20

Author: Bill Toulas

...
...

Alexey Pertsev, a core developer of the Tornado Cash decentralized cryptocurrency mixer, was sentenced to 64 months in prison after Dutch authorities found the platform enabled laundering of between $1.2 billion and $2.2 billion in stolen Ether from at least 36 hacks; Tornado Cash was used by cybercriminals (including North Korea-linked Lazarus) to obfuscate proceeds, leading to U.S. sanctions, prosecutions of founders, confiscation of assets, and disruption of related services and accounts.

Your team is not currently subscribed to this feed. You must subscribe to it in order to see this post.