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The Tornado Cash Chilling Effect

The U.S. Treasury bans crypto privacy mixers. But don't panic.
The Tornado Cash Chilling Effect
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Dear Bankless Nation,

As we all know by now, last week the Office of Foreign Assets Control (OFAC), an agency under the U.S. Treasury blacklisted the crypto mixer Tornado Cash and added a set of Ethereum addresses to its sanction list.

This has triggered a slurry of conversation, controversy, and chaos.

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David Hoffman

Written by David Hoffman

156 Articles View all      

Co-owner at Bankless. Optimistic storyteller of frontier technology.

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