HomeLatest NewsShort Crypto NewsSuspect In Tornado Cash Scam Under Custody 

Suspect In Tornado Cash Scam Under Custody 

The Tornado Cash scam has caught the crypto community’s attention lately. A crucial development in the case again made headlines as a suspect was arrested by the Dutch authorities. The FIOD (fiscal Information and Investigation Service), responsible for handling investigations on financial crimes, reported that they arrested a 29-year-old man.   

According to the authorities, the convict was found guilty of conducting money laundering activities through Tornado Cash.   

The cybercriminals allegedly used the platform to reveal large-scale criminal money flows that even include crypto scams. The authorities stopped any transaction on the platform; if any individual tries interacting with smart contract addresses will be held as a suspect. 

As a passionate content writer, she is always eager to explore new topics. Through her blogs on cryptocurrencies, blockchain technology and non-fungible tokens (NFTs), she intends to help newbies gain a better understanding of the crypto world.


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