According to PANews, Dutch authorities have charged Tornado Cash developer Alexey Pertsev with laundering $1.2 billion through the platform. The indictment alleges that Pertsev participated in Tornado Cash's money laundering activities and lists 36 illegal transactions on the platform. Pertsev is set to face trial in the Netherlands on March 26 for money laundering and other financial crime charges.
Pertsev was initially arrested in August 2022. At the time, Dutch authorities stated that at least $1 billion in crime-related cryptocurrency had been laundered through Tornado Cash, with the team members profiting from these transactions.