A suspected Twister Money developer has been arrested within the Netherlands days after the US sanctioned the cryptocurrency service for serving to cybercriminals launder tens of millions in funds. 

On Friday, the Netherlands’ Fiscal Info and Investigation Service (FIOD) introduced(Opens in a brand new window) it had arrested a 29-year-old developer for Twister Money, which equipped a method for cryptocurrency customers to anonymize their Ethereum transactions. 

FIOD mentioned the unnamed developer was arrested for his alleged “involvement in concealing felony monetary flows and facilitating cash laundering” by means of Twister Money. 

The federal government company additional warned: “A number