What is tornado cash?

"Tornado Cash has been used to launder funds for criminal actors since its creation in 2019, including to obfuscate hundreds of millions of dollars in virtual currency stolen by Lazarus Group hackers," a Treasury said Wednesday.

Could a 29-year-old developer be arrested for tornado cash?

The country's Fiscal Information and Investigation Service hasn't ruled out making more arrests. A 29-year-old developer suspected of being involved in the Tornado Cash protocol that's been sanctioned by the U.S. was arrested in Amsterdam on Friday, according to a statement from the Fiscal Information and Investigation Service (FIOD).

Why did Tornado cash get sued?

A group of Tornado Cash users filed a lawsuit against US authorities in a Texas court, accusing them of abuse of authority. This is also emphasized by human rights activists and crypto industry representatives. Who created Tornado Cash? Tornado Cash is a decentralized service created by developers Roman Storm, Roman Semenov, and Alexey Pertsev.

Did Dutch authorities arrest a tornado cash Cryptocurrency tumbler?

On Friday, news broke thatDutch authorities have arrested someone who allegedly contributed to the open-source Tornado Cash cryptocurrency tumbler on Ethereum. The full story is not yet known, though many crypto and privacy advocates were immediately troubled by the prospect of criminalizing code.