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Topic: Tornado cash founders charged with money laundering/sanctions violations - page 5. (Read 1406 times)

legendary
Activity: 2576
Merit: 1860
Im not sure what would others say about using mixers. Yes its for usign crypto for privacy, but we cant deny the fact that aside from this particular reason. Scammers arw gonna use it tp hide their scent or crime by using mixers. Cant blame the DOJ on this one. So other mixers might be in trouble too. In relation tok this big case being done on Tornado.

I don't agree. Why can't we blame the DOJ? This is unfair. If there's money laundering, they should pursue the launderers. If there's money involved in a crime, they should seize the money and arrest the criminals. Why arrest those who simply wrote open-source software? We don't arrest central bankers for creating money which is used in all kinds of crimes. We don't arrest the Toyota CEO or president for having their cars used by ISIS and other terrorists.

If "knowingly" is the key word, do they know it? How about the fact that the ledger involved is public? Transactions are open for anybody to know. How about the fact that Tornado Cash was decentralized? The code was publicly available, free for anybody to use in whichever manner they see fit.

When security hackers transferred almost $1 billion from Bangladesh Bank's Federal Reserve Bank of New York account and laundered almost $100 million in a Philippine bank, the bank wasn't penalized. The bank's particular branch itself which facilitated the laundry wasn't penalized. The one who was arrested was the very person who did the laundry herself.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
Yes this is trending as of today in every social media. It says that they knew that a notorius Lazarus group one of the hackers who stole a lot of virtual funds are using their services and yet they didnt do anything to stop or hold it means they allowed a crime.

Im not sure what would others say about using mixers. Yes its for usign crypto for privacy, but we cant deny the fact that aside from this particular reason. Scammers arw gonna use it tp hide their scent or crime by using mixers. Cant blame the DOJ on this one. So other mixers might be in trouble too. In relation tok this big case being done on Tornado.

Even new or small mixers might get in trouble too as for sure scammers are already using those. Does owners of mixers can ban wallets or known scammers address for usage? Maybe this can help to make them free from charges like this and avoid incident like what happened to the Tornado founders.
staff
Activity: 3500
Merit: 6152
So you probably have heard that one of Tornado's Cash developers was arrested last year by the Dutch authorities[1] and was later released (under surveillance) while waiting for his trial.[2]

Today, two of the founders of the same mixer have been charged (one arrested) by the U.S department of justice with:

In a Wednesday indictment, the feds alleged that Roman Storm and Roman Semenov laundered more than $1 billion in criminal proceeds, and charged them with conspiracy to commit money laundering, sanctions violations, and conspiracy to operate an unlicensed money-transmitting business.

[1] https://cointelegraph.com/news/dutch-authorities-arrest-suspected-tornado-cash-developer
[2] https://cointelegraph.com/news/tornado-cash-dev-alex-pertsev-set-to-be-released-from-prison-under-surveillance
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