Arrest of suspected developer of Tornado Cash

Aug 12,2022
KingData News: On Wednesday 10 August, the FIOD arrested a 29-year-old man in Amsterdam. He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies through the decentralised Ethereum mixing service Tornado Cash. Multiple arrests are not ruled out. The investigation is led by the Public Prosecutor’s Office for serious fraud, environmental crime and asset confiscation. Since Monday 8 August 2022 Tornado Cash has been placed by the US government on the OFAC sanctions list of America.
Recently, the U.S. Treasury Department placed Tornado Cash on its sanctions list, which prohibits U.S. citizens from using. This indicator provides market updates on Tornado Cash sanctions.
495Follow
64,324

Recommend

More