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Topic: Suspected Tornado Cash (Ethereum mixer) developer arrested - page 2. (Read 407 times)

mk4
legendary
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Paldo.io 🤖
I think from now on. If someone wants to develop such decentralized tools that Governments seemingly don't like at all because they are taking away their power, it's better for one to remain anonymous. It doesn't matter if the aim was to actually launder money or not, this law enforcement agencies are just super insane and will do anything to try to scare the masses.

Look how the quickly arrested the dev. Meanwhile, super scammers like Do kwon are just there moving on with their business as usual.

Totally should've been the default. Obviously there are anon devs so there are other people that saw this coming, but I guess some people got a bit too confident that they wouldn't be pursued.

But yea, especially knowing that they were building a privacy app that's guaranteed to be controversial in the eyes of the authorities, not sure what they were thinking lol.
copper member
Activity: 1960
Merit: 1638
Top Crypto Casino
I think from now on. If someone wants to develop such decentralized tools that Governments seemingly don't like at all because they are taking away their power, it's better for one to remain anonymous. It doesn't matter if the aim was to actually launder money or not, this law enforcement agencies are just super insane and will do anything to try to scare the masses.

Look how the quickly arrested the dev. Meanwhile, super scammers like Do kwon are just there moving on with their business as usual.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
Is there any truth to the allegation that they laundered money, using that tool? If so, arrests like this will continue to happen so long as there are citizens abiding by whichever law states that a crime.

I can't show any links atm, but a good amount if I remember correctly — mostly those funds stolen from DeFi exploits. But yea, criminal-related activity is still a very small minority as far as I know; just like with Wasabi CoinJoins and Bitcoin mixers.
legendary
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┴puoʎǝq ʞool┴
Is there any truth to the allegation that they laundered money, using that tool? If so, arrests like this will continue to happen so long as there are citizens abiding by whichever law states that a crime.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
Apparently, a Tornado Cash(Ethereum-based mixing service) developer was just recently arrested.

I know most people here don't like Ethereum, but I hope we can all agree that everyone has the right to privacy(regardless what your preferred blockchain is), and that arrests like this shouldn't be happening.

Just a heads up that if you're developing(or are planning to develop) a bitcoin/crypto related privacy layer, it's probably best to stay completely anon. There's a reason Satoshi chose to be fully anonymous to start with.

https://www.theblock.co/post/163206/suspected-tornado-cash-developer-arrested-in-amsterdam
https://www.coindesk.com/policy/2022/08/12/netherlands-arrests-suspected-tornado-cash-developer/
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