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Tornado Cash Devs Arrested on Money Laundering, Sanctions Violation Grounds Over Alleged $1B Moved

August 23, 2023
in Crypto Updates
Reading Time: 1 min read
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“Whereas publicly claiming to supply a technically subtle privateness service, Storm and Semenov actually knew that they have been serving to hackers and fraudsters conceal the fruits of their crimes. As we speak’s indictment is a reminder that cash laundering by cryptocurrency transactions violates the regulation, and those that have interaction in such laundering will face prosecution,” he mentioned.

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Tags: allegedArrestedCashDevsGroundslaunderingmoneyMovedsanctionsTornadoViolation
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