No longer News that privacy in the cryptocurrency space is a thing of the past, with various government taking a strong stance against privacy it will be hard for any decentralised projects most especially those that seek to protect users privacy will be taken down and term as tool for money laundering.
This is not only happening in the US alone but other countries around the world, regulations is the most important thing right now for the government and in doing that, their pick decentralised projects as the main enemy on target.
I can't blame the US government on their stance against decentralized projects, it's a good cause for them to protect against money laundering, some of which goes into sponsoring terrorism and illegal activities. The tornado cash developer, should have known what he was up against before going into the development of a decentralized privacy project, I guess he must be an informed person and won't claim ignorance of the law. Normally cryptocurrency promotes privacy, but due to the fact that criminals and terrorists have hyjacked it for illegal activities, then I personally don't blame any governments that will wield the big hammer on offenders. This is not only happening in the US alone but other countries around the world, regulations is the most important thing right now for the government and in doing that, their pick decentralised projects as the main enemy on target.
