2022/08/12

“Multiple Arrests Are Not Ruled Out,” Says Dutch FIOD of Hunt for Tornado Cash Developers

● 12/08/2022
“He is suspected of concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies through the decentralized Ethereum mixing service Tornado Cash. Multiple arrests are not ruled out.”
– Netherlands Fiscal Information and Investigation Service (FIOD), on the arrest of developer Alexey Pertsev. A go-to transaction anonymizer used by money launderers, Tornado Cash also has benign use cases; the arrest and deplatforming of its developers has some asking “is writing open source code illegal now?”
FIOD
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