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Opinion: Tornado Cash developer's 64-month sentence unlikely to impact Roman Storm's US case
2024-05-14 21:14:55
Odaily News According to the verdict, the Dutch court convicted Pertsev, 31, of laundering $1.2 billion through Tornado Cash. A panel of three judges sentenced Pertsev to five years and four months in prison. "The court finds that it is legally and factually proven that the suspect, together with others, laundered money through Ethereum obtained through crimes, and that he was accustomed to such money laundering," the court said in its final conclusion. Meanwhile, Tornado Cash co-founder Roman Storm's trial in the United States is scheduled to begin on September 23. Last year, U.S. prosecutors charged Storm and another co-founder, Roman Semenov, with conspiracy to launder money, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmission business. At the time of the prosecution, Semenov was still at large. A spokesperson for the DeFi Education Fund said they were disappointed with the outcome of Pertsev's case in the Netherlands, but believed that it should not affect the U.S. case against Storm. "As we argued in our previously filed amicus brief in Roman Storm, the government's theory of liability in the indictment is unprecedented," a spokesperson for the fund said in an emailed statement. "The allegations in the indictment hold software developers criminally liable years after they create open source, generally available software if that software is used by third-party bad actors with whom they had no direct or active interaction." "This is simply not current U.S. law," they added. (The Block)