The Fiscal Information and Investigation Service (FIOD) has announced the arrest of a 29-year-old developer, suspected of being involved in the sanctioned Tornado Cash protocol.
Tornado Cash is an ethereum-based crypto mixing service that allows users to remain anonymous when transferring crypto-assets.
On Monday, Tornado Cash was sanctioned by the U.S. government for assisting criminals in laundering stolen money.
The suspect will be brought before an examining judge in Den Bosch at 11:30 local time on Friday, according to the FIOD.
FIOD have not ruled out multiple arrests.
The investigation are being led by the Public Prosecutor’s Office for serious fraud, environmental crime and asset confiscation.