Post
Topic
Board Service Discussion
Re: Tornado cash founders charged with money laundering/sanctions violations
by
bitmover
on 22/01/2025, 11:57:39 UTC
This just came in:

Texas District Court reverses Tornado Cash sanctions: https://cointelegraph.com/news/us-texas-court-reverses-tornado-cash-sanctions-crypto-privacy-win


This is big news, and could lead to a big shift on the subject of privacy in cryptocurrency from the US, as well as bring back innovation on the topic.

I'm hoping this doesn't lead to an irrational shift where the forum re-enables mixers without any requirement to evolve. Mixers like tornadocash are great because it's non-custodial and decentralized technology. Even after it was taken down, the contracts could be re-deployed and re-used. Truly decentralized. It didn't all fall a part following the takedown and legal issues. Mixers on bitcointalk have never been like this. They are almost always operated by anonymous players, and almost always have custody of their reserves, making them a huge risk to both users and in general.

Thanks for sharing this, this thread has been great for keeping up to date on the topic.

Really big news!!!

This shows how a a more freedom biased President is important for regulations and even for judicial decisions...

I believe we will have a much more friendly environment for crypto currencies in the US in the future, and even some crypto millionaires and developers will move there looking for that security and stable environment .