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CryptoIntelligence 2024-05-23 18:33:29

Landmark Conviction of Tornado Cash Developer Sparks Debate Over Software Liability in Crypto Industry

Landmark Conviction of Tornado Cash Developer Sparks Debate Over Software Liability in Crypto Industry

The conviction of Alexey Pertsev, a developer of the coin-mixing protocol Tornado Cash, highlights a chilling interpretation of criminal liability with far-reaching implications for the crypto world. Pertsev has been sentenced by a Dutch court to five years and four months for money laundering via Tornado Cash, despite not directly engaging in the laundering activities. Andrew Balthazor, a litigator with Holland and Knight, explained the implications of the verdict to Cointelegraph. He stated, “Mr. Pertsev’s conviction reinforces the views of several governments that software developers who make their software available to the public will be held liable for the foreseeable

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