Tornado Cash Alexey Pertsev Founder Jail Sentence Usd 1 2 Billion Money Laundering Cryptocurrency

Tech

Tornado Cash Developer Sentenced to 64 Months in Prison on Charges of Laundering $1.2 Billion: Report

ByNews Polite May 15, 2024

The cryptocurrency sector and crypto entrepreneurs have often come under legal scrutiny in recent years. Former FTX CEO Sam Bankman-Fried was sentenced to 25 years in prison in March over charges of fraud, followed by Binance founder Changpeng getting a four-month sentence earlier this month over the exchange’s anti-money laundering…

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