Alexey Pertsev sentenced to 64 months in prison for Tornado Cash's role in laundering over $2 billion in cryptocurrency.

The court convicted him for insufficient measures to prevent money laundering and for non-cooperation with authorities.

Tornado Cash was sanctioned by the U.S. Treasury Department's OFAC in 2022.

Lazarus Group, a North Korean cybercrime syndicate, used Tornado Cash to launder $7 billion from criminal activities.

The case highlights impending challenges in cryptocurrency regulation and the uncertain future of Tornado Cash.

Co-developer Roman Storm faces upcoming legal proceedings in the United States.