A Dutch judge will rule on the case of Tornado Cash developer Alexey Pertsev on May 14
2024-05-14 10:28:01
On May 14th, a Dutch judge will rule today in the case of Tornado Cash developer Alexey Pertsev. Pertsev, 31, is accused of participating in the laundering of 1.20 billion dollars through the cryptocurrency mixer Tornado Cash. If Pertsev is found guilty, experts expect it will have a "chilling effect" on the global open source community. Developers may be afraid to write code for fear of abuse, and investment may be reduced. If Pertsev is acquitted, then the judge will accept his explanation that the core technology of Tornado Cash - smart contracts - operates legally independent of human intervention. More importantly, the managers of such platforms are not responsible for those who use the technology. The ruling in this case will change the direction of crypto privacy.