Netherlands Arrests Suspected Tornado Cash Developer
Ethereum
Blockchain
By
coindesk
Publishing Date
August 12, 2022
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A unidentified 29-year-old developer, who is suspected of being involved in the sanctioned Tornado Cash protocol, was arrested in Amsterdam on Friday, according to a release by the Fiscal Information and Investigation Service (FIOD).

  • Tornado Cash is an Ethereum blockchain-based crypto mixing service that allows users to gain a cloak of anonymity when transferring crypto assets. On Monday, the service was sanctioned by the U.S. government for assisting criminals in laundering stolen money.

  • FIOD, which began its investigation in June, said it hasn't ruled out making multiple arrests in the case. Dutch prosecutors are investigating the matter on suspicions of fraud, environmental crime and asset confiscation.

  • An FIOD spokesperson told CoinDesk the suspect will now spend 14 days in custody after being seen by an examining judge in the Den Bosch court.

  • FIOD is also giving "extra attention" to decentralized autonomous organizations that may facilitate money laundering, the release said.

  • According to reports by several users on Twitter, the Discord channel of the crypto mixer has also gone offline. Its website has not been online since Aug. 8.

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