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. 

Sudeshna
Sudeshnahttps://thecryptonian.one/
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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Madhubani NFTs – A tribute to traditional Indian Art

Madhubani NFTs is a unique collection of Non-Fungible Tokens (NFTs) created by DigiSmiths agency which highlights the rich cultural heritage of Madhubani art in India....

Pullman Hotels Supports Indigenous Female Artists Through NFT Exhibition 

Pullman Hotels, Australia's top hotel chain, has finally decided to dip its toes in the booming NFT market. They will soon launch Digital E/SCAPES, a...

McCain Foods Debuts Metaverse For A Sustainable Mission 

McCain Foods, the largest seller of ready-to-eat snacks, entered the growing world of the metaverse with a noble objective. The firm has initiated a #saveoursoil...

Chinese Couple Partnered With SriLankan Con Looted 1400 Crore In Crypto Scam 

Crypto scams are gradually gripping the emerging world of crypto and NFTs. In a cryptocurrency scam, a Chinese couple and a Sri Lankan con man...

Stay Connected

1,021FansLike
273FollowersFollow
- Advertisement -

Similar articles

- Advertisement -
spot_img