Tornado Cash developer Alexey Pertsev was convicted on money laundering charges.

A Dutch court convicted Pertsev, 31, of laundering $1.2 billion in crypto through the Tornado Cash mixer between July 9, 2019, and Aug. 10, 2022, DL News reported.

A three-judge panel sentenced the developer to five years and four months in prison. 

“Tornado Cash in its nature and functioning is a tool intended for criminals,” one of the judges overseeing the case reportedly said. 

The Russian national's legal team has 14 days to appeal the decision. 

Pertsev’s representatives did not immediately return a request for comment. 

Pertsev is one of several targeted for their role in developing Tornado Cash. The platform's co-founder, Roman Storm, is facing similar charges in the U.S. …