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The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy
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The situation gets dicier when you move beyond the act of writing. “Without commenting on Tornado Cash specifically, acts like providing help to someone who wants to use the code, uploading a mixing smart contract to a protocol or operating a web app which can hook into a user’s MetaMask
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The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control.At the time of publication, the Tornado Cash DAO was offline reportedly following a discussion in which community members
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Where things get weird is when you consider the whole open-source nature of Tornado Cash. As I mentioned, someone (and, I’ve been told, possibly several someones) has been sending small amounts of ETH through Tornado to people who have public Ethereum addresses, including comedians Jimmy Fallon and Dave Chappelle, or
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The crypto mixer's website appears to be offline for some users, as well. Source
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Authorities in the Netherlands have arrested a developer suspected to be involved in money laundering through the crypto mixing service Tornado Cash.The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced the arrest of a 29-year-old man in Amsterdam on Friday.The man
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A 29-year-old developer, suspected of being involved in the sanctioned Tornado Cash protocol, has been arrested in Amsterdam on Friday. Original Source
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But even in this new era, the crypto industry has the responsibility of “convincing” politicians and investors alike that crypto is a valuable asset, or “a force for good.” One way of showing that “crypto can actually benefit the economy,” Christensen said, would be to take action on climate concerns
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Cryptocurrency derivatives trading platform dYdX said it blocked some users’ accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer.In a Wednesday blog post, dYdX said it had “unbanned certain accounts” that the derivatives platform had blocked in response to the
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