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Netherlands Arrests Suspected Tornado Cash Developer

by Linh Nguyen

Multiple arrests have not been ruled out by the Netherlands’ Fiscal Information and Investigation Service

A 29-year-old developer, suspected of being involved in the sanctioned Tornado Cash protocol, has been arrested in Amsterdam on Friday, according to a release by the Fiscal Information and Investigation Service (FIOD).

FIOD began investigations in June, multiple arrests have not been ruled out.

The investigation is led by the Public Prosecutor’s Office for serious fraud, environmental crime and asset confiscation.

On Monday, Tornado Cash was placed on the OFAC sanctions list by the U.S.