Date: 2023-08-25T19:21:26Z Creator: Bitfolio Academy
The US government has declared war against privacy in the realm of crypto transactions. Their latest target? The crafty developers behind the elusive Tornado Cash mixer! The Treasury department isn’t just issuing empty threats, they’re throwing the book at these devs, up to including international sanctions.
But let’s get to the heart of the matter, coding and deploying software that leads to confidential money transfers… is that really against the law? Well, the Treasury department would have us think so. Brandishing the torch in the crusade against crypto money laundering, Uncle Sam is hot on the heels of those who benefit from anonymous crypto transactions.
Will decentralized finance become their next target? In this digital wild west, those who dare to push boundaries are finding themselves in deep trouble with Uncle Sam.
Let me know in the comments. 🤔
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#crypto #tornadocash #defi #privacy #investing #sanctions #ethereum