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.