News list for "Dutch court"

Nym CEO condemns Dutch court's 64-month sentence against Tornado Cash developer

Harry Halpin, chief executive of Nym, criticised the 64-month sentence handed down by the Dutch court to Alexey Pertsev, the developer of Tornado Cash, as "fundamentally unfair and unreasonable", pointing out that the sentence was disproportionate to the punishment for someone in North Korea who had used his software.

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2024-05-31 19:24:38
Dutch court finds Tornado Cash founder Alexey Pertsev guilty of money laundering

A three-judge Dutch court found Tornado Cash developer Alexey Pertsev guilty of laundering $1.20 billion of illegal assets on a cryptocurrency hybrid platform. The full court is also expected to hand down the verdict on Tuesday against Alexey Pertsev, a 31-year-old Russian living in the Netherlands. Pertsev's lawyers will have 14 days to appeal the judge's verdict. Experts say the verdict will reshape the process of privacy protection in the decentralized finance sector and have a "chilling effe...

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2024-05-14 19:33:57