Law enforcement agencies in the Netherlands have arrested a suspect in the laundering of bitcoins worth tens of millions of euros, stolen using a phishing version of the Electrum cryptocurrency wallet.
A 39-year-old man who was arrested last week on suspicion of laundering bitcoin stolen using a fake Electrum wallet was released on September 8 but remains under suspicion, according to a Dutch police statement.
“The investigation revealed that the suspect was laundering tens of millions of euros worth of BTC using the anonymous Monero (XMR) cryptocurrency and the Bisq decentralized exchange,” law enforcement officials said in a statement.
The house of the suspect in Veenendal, Utrecht province, was searched. Police in the Netherlands have confiscated a suspect’s cryptocurrency, allegedly obtained from laundering stolen bitcoins.
Recall that earlier in the Netherlands, the alleged developer of the Tornado Cash mixer was detained. A Dutch court has decided to keep Aleksey Pertsev, accused of facilitating money laundering through Tornado Cash, in prison for at least another 90 days.
Source: Bits
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