Protocols and Platforms: Why Tornado Cash Sanctions Will Fail
On 8th August 2022, the United States Treasury sanctioned Tornado Cash, a cryptocurrency mixer, adding forty-five Ethereum addresses to the list of Specially Designated Nationals. Two days later, the Dutch Fiscal Information and Investigation Service arrested Alexey Pertsev, a Tornado Cash developer. These events are turning points for the cryptocurrency space as they impact individual privacy and financial sovereignty for all users. We argue that these actions not only undermine their goals ...
Protocols and Platforms: Why Tornado Cash Sanctions Will Fail
On 8th August 2022, the United States Treasury sanctioned Tornado Cash, a cryptocurrency mixer, adding forty-five Ethereum addresses to the list of Specially Designated Nationals. Two days later, the Dutch Fiscal Information and Investigation Service arrested Alexey Pertsev, a Tornado Cash developer. These events are turning points for the cryptocurrency space as they impact individual privacy and financial sovereignty for all users. We argue that these actions not only undermine their goals ...
