Investors Business Daily - Tornado Cash Ban Raises Questions In The Crypto Community

in blockchain •  2 years ago 

https://www.investors.com/news/tornado/
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Some illegal activity in the crypto world, but should decentralized crypto networks be regulated?

Earlier this month, the U.S. Office of Foreign Assets Control (OFAC) blocked 40 addresses associated with Tornado Cash after discovering that it was being used for money laundering.

Tornado Cash is a smart contract - an autonomous, decentralized protocol that uses Ethereum and ERC-20 tokens and works like a privacy coin.

Are you a Tornado Cash user? Watch out for the new rules!!

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2 years ago by

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