THE HASH: Suspected Tornado Cash Developer Under Arrest Is Reportedly Identified

The most valuable crypto stories for Friday, Aug. 12, 2022.
"The Hash" team discusses the latest developments. According to The Block, the developer who was arrested in Amsterdam and is suspected of being involved in the sanctioned Tornado Cash protocol is Alexey Pertsev. Plus, sales of Pudgy Penguin non-fungible tokens (NFT) heat up after the project announced it would be licensing select NFTs to be made into physical toy collectibles. 
See also: 
Netherlands Arrests Suspected Tornado Cash Developer
Pudgy Penguins NFT Prices Surge After Creator Unveils IRL Toys
Tornado Cash's Discord Appears to go Dark
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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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