The suspect, thought to be the developer of Tornado Cash, has been arrested in Amsterdam, according to Dutch local sources.
Nicknamed the “Ethereum Mixer” that allows for covert transactions and is often named after cryptocurrency thefts. Tornado Cashof, recently by the US Department of the Treasury in money laundering used claimed. After this statement by the Ministry US Secretary of State Anthony Blinkena North Korean version of Tornado Cash It’s a hacker group suggested. After these statements made by the USA, it was almost like a “Tornado Hunt” started. Dozens of Tornado Cash wallets frozen, trading with Tornado Cash smart contracts in America considered an illegal crime and legal regulations up to imprisonment were introduced.
After all these pressures on the 10th of august Suspicious 29-year-old person thought to be one of the Tornado Cash developers AmsterdamHe was arrested in. Dutch law enforcement said in a statement that the arrest was made against Tornado Cash in June. Dutch Financial Information and Investigation Service (FIOD) It was stated that it was carried out as part of the investigation initiated by the
Just like US officials, Dutch policy makers also use the Tornado Cash system for money laundering. as a tool of crime they see. While it’s unclear exactly how many billion dollars the Tornado Cash infrastructure has been involved in money laundering so far, authorities have had at least one transaction over Tornado Cash since 2019. 7 billion dollars estimates that laundering activity has taken place.
The arrested person was brought before the judge today to give a statement.