The arrest of the 'developer' of Tornado Cash in Amsterdam may lead to more arrests.

The arrest of the 'developer' of Tornado Cash in Amsterdam may lead to more arrests.

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The FIOD announced the arrest on Twitter, saying that the investigation is ongoing and more information will be made available soon. The arrest is part of an ongoing investigation into money laundering and tax evasion through cryptocurrency in

The FIOD announced that a "developer" is being brought before an examining judge and that multiple arrests are not ruled out.

The US government has placed Tornado Cash on the OFAC sanctions list this week. The OFAC is a US government organization that enforces economic and trade sanctions against countries and organizations. The FIOD is a Dutch government organization that investigates

The Financial Intelligence and Investigation Service (FIOD) has announced that it has shut down an illegal online gambling operation.

Tornado Cash is a virtual currency mixer that allows users to anonymously transact on the Ethereum blockchain by obfuscating the origin, destination, and counterparties of their transactions. By mixing transactions before they are transmitted to their individual recipients, Tornado increases the

According to the US Department of the Treasury's Office of Foreign Assets Control (OFAC), Tornado Cash has been used to launder more than USD 7bn worth of virtual currency since its creation in 2019.

According to a blog post by blockchain analysis company Chainalysis, the Ethereum mixer Tornado Cash has received over 7.6 billion USD worth of ETH since it became active in August 2019. The company argues that a sizable portion of

According to their report, the average person spends around two

It's been a while since I've written

On Tuesday, a Tornado Cash user withdrew over ETH 500,000 worth of cryptocurrency from the mixer, which was then sent to a number of high-profile Ethereum addresses, including those of Vitalik Buterin, Anthony Di Iorio and Hudson Jameson. The large transaction, worth over $600,000 at the time, was quickly noticed by the crypto community and caused quite

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