Article 62MB9 [$] Tornado Cash and collateral damage

[$] Tornado Cash and collateral damage

by
jake
from LWN.net on (#62MB9)
On August 8, the US government sanctionedthe Tornado Cashcryptocurrency mixer for money laundering. The sanction means that no US citizen orcompany can interact with Tornado Cash in any way, all assets of theorganization are to be reported so that they can be seized, and more. Butat the core of Tornado Cash is a chunk of open-source code for "smart contracts"that run in the Ethereum blockchain; thatcode was "seized" as well. There are some disturbing implications here for our communities.
External Content
Source RSS or Atom Feed
Feed Location http://lwn.net/headlines/rss
Feed Title LWN.net
Feed Link https://lwn.net/
Reply 0 comments