Dutch Authorities Arrest Developer Over Tornado Cash Ties 🚨
Discover the latest developments as Dutch officials arrest a software developer suspected of working with Tornado Cash. What does this mean for privacy and crypto security?
A Chain of Blocks
6.5K views • Aug 14, 2022
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My thoughts on Tornado Cash….
Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. Tornado Cash is an Ethereum-centric mixing tool which was sanctioned by the U.S. Treasury's Office of Foreign Assets Control on Monday. Following the crackdown, crypto projects throughout the ecosystem have struggled with how to reckon with the fact that the U.S. government has, for the first time, sanctioned a smart contract—what amounts to software or computer code—and not an individual or a group.
#ethereum #bitcoin #crypto #altcoins #defi #coinbase
Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. Tornado Cash is an Ethereum-centric mixing tool which was sanctioned by the U.S. Treasury's Office of Foreign Assets Control on Monday. Following the crackdown, crypto projects throughout the ecosystem have struggled with how to reckon with the fact that the U.S. government has, for the first time, sanctioned a smart contract—what amounts to software or computer code—and not an individual or a group.
#ethereum #bitcoin #crypto #altcoins #defi #coinbase
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Video Information
Views
6.5K
Likes
152
Duration
0:26
Published
Aug 14, 2022
User Reviews
4.6
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