Tornado Cash


Videos

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey Pertsev Denied Bail

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket's probability for former president Donald Trump to retake the White House jumped to an all-time high on Saturday after he was injured from a shooting at a Pennsylvania rally. Plus, Tornado Cash developer Alexey Pertsev was denied bail by a Dutch court on Friday, and Chainalysis releases a new report on money-laundering.

Recent Videos

Policy

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court

Pertsev sought bail to allow him to prepare for his appeal to the verdict in May which found him guilty of money laundering.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Policy

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

Policy

Crypto Community Voices Outrage at Tornado Cash Developer Verdict

Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Policy

Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict

Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Opinion

The Hard Truths and Worrying Consequences of the Tornado Cash Verdict

Developer Alexey Pertsev was sentenced today to 64 months in prison. His prosecution makes sense from a law enforcement point of view, even if the implications are horrible for anyone creating a product that could be used for unforeseen uses.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Videos

Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev was sentenced to 64 months in prison after being found guilty of money laundering by a Dutch judge. Plus, meme coins rally following GameStop's surge, and Coinbase resumes operation after major outage.

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Policy

Tornado Cash Developer Alexey Pertsev Found Guilty, Sentenced to 64 Months in Prison by Dutch Court

Alexey Pertsev was first jailed in the Netherlands in August 2022.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Policy

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.

Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)

Policy

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)