Alexey Pertsev, the creator of Tornado Cash, remains in custody, sparking fears among developers working on privacy-focused tech.
Tornado Cash Under Scrutiny
Despite being sanctioned in 2022, Tornado Cash is still active. US lawmakers flagged a 45% rise in activity this year, with $1.8 billion deposited in just six months.
Money Laundering Charges Against Pertsev
Pertsev was sentenced to five years for allegedly helping launder $1.2 billion through Tornado Cash. He argued the platform doesn’t handle funds directly, but the court ruled he didn’t do enough to stop illegal use.
Privacy Developers Face New Challenges
This case raises big questions for privacy tech creators. Experts warn future tools must balance protecting user privacy with staying on the right side of the law.
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