Arrest of suspected developer of Tornado Cash

Re:Arrest of suspected developer of Tornado Cash by colechristensen on Friday August 12, 2022 @06:23PM (#32444677)

If you don't want your transactions to be public, don't use a public ledger. You don't get to launder your money because you chose to use a ridiculous tool that made your transactions public and readable by anybody who has ever transacted with you or who can convince someone who did to tell them who you are.

Tornado Cash wasn't free, there was a fee which as I understand it was sent back to various developers.

Money laundering doesn't get to be something else and totally fine just because it's covering for a weakness of cryptocurrencies.

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Re:Arrest of suspected developer of Tornado Cash by jackcodes on Sunday August 14, 2022 @01:52AM (#32456764)

Crazy amount of misinformation in this one post:

> If you don't want your transactions to be public, don't use a public ledger.

That's exactly what people were attempting to do, with Tornado.

> You don't get to launder your money

There is no money laundering available with Tornado, it doesn't turn an illigitimate source of funds into a legitimate one. And it also has a compliance tool to allow proof of transfer between accounts.

> Tornado Cash wasn't free, there was a fee which as I understand it was sent back to various developers.

This wasn't sent to developers. It was a fee you would pay relayers to propagate transactions on the network and was optional. You could choose to fund withdrawals with a relayer or to use funds in your own wallet.

> Money laundering

This isn't money laundering.

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