 | I have just crossed my eyes with this Cointelegraph Tweet with really bullish news! The whole crypto community is scoring today a huge victory because the court lifted OFAC sanctions on Tornado Cash. This decision is a change in direction on a never ending debate about financial privacy and regulatory oversight. As you may already know, Tornado Cash was sanctioned by US Department of Treasury Office of Foreign Assets Control (OFAC) in 2022 (damn, it feels like it was yesterday!). They alleged that this tool was used for illicit activities like money laundering and funding cybercrime. Defense argued it was just a tool and that the actions of this crimes should be the users. As you may also know, Alexey Pertsev one of the Tornado Cash devs was declared guilty of money laundering and sent to prison and since then a lot of people have been trying to fund and support his cause to get real justice and get him free. This are really bullish news for the whole crypto ecosystem regarding privacy coins and also for Alexey case which is still fighting to get free, will he get his deserved freedom soon? Source: Disclaimer: The concept and ideas in this post come from my own thoughts and everything I have seen online during my three years in crypto. Any resemblance is purely coincidental. [link] [comments] |
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