Tornado Cash


Opinion

The Downside of Sanctioning Tornado Cash

OFAC’s blacklisting of an Ethereum smart contract stands to compromise innocent users’ privacy while doing little to stop bad actors.

It's not the tornado that's the villain in "The Wizard of Oz," it's the witches. Similarly, Tornado Cash is different than the bad actors who may have used it. (W. W. Denslow /University of Virginia Library).

Policy

Tornado Cash Sanctions Are Spiraling Into Compliance Nightmares

The crypto mixer’s sanctions issue raises many questions.

No one knows exactly what the fallout from the Tornado Cash sanctions will look like. (Antonio Masiello/Getty Images)

Policy

Tornado Cash US Ban Is ‘Bad Precedent,’ but Monero Was ‘Made for This’: Cake Wallet Exec

Justin Ehrenhofer, vice president of operations at Cake Wallet, joined CoinDesk TV’s “First Mover,” to discuss the implications of government regulation when it comes to privacy coins.

"It's a bad precedent," Justin Ehrenhofer, vice president of operations at Cake Wallet, said regarding the recent sanctions of Tornado Cash, on CoinDesk TV's "First Mover."

Opinion

Stop Attacking DeFi Founders for Complying With the Tornado Cash Sanction

Crypto projects are being criticized for censoring use of their websites.

(Andrew Seaman/Unsplash, modified by CoinDesk)

Videos

What Are Crypto Mixers? Are They Legal?

The U.S. Treasury Department blacklisted crypto mixer Tornado Cash for its use in several illicit schemes by North Korea. These tools, also known as blenders, can enhance user privacy, but have long been abused to launder money. Here’s a look at how different types of crypto mixers work.

CoinDesk placeholder image

Videos

Tornado Cash U.S. Ban Is 'Bad Precedent,' but Monero Was 'Made for This': Cake Wallet Exec

Crackdown concerns for crypto mixers are escalating following the U.S. Treasury blacklisting of Tornado Cash. Justin Ehrenhofer, VP of Operations at Cake Wallet, the first open-source wallet for privacy coin Monero, discusses Monero's role in the push for privacy and censorship resistance.

Recent Videos

Videos

Crypto Privacy Protocol Monero Completes Major Upgrade

Monero, the popular privacy-focused cryptocurrency protocol, has completed a long-awaited major network upgrade. Justin Ehrenhofer, VP of Operations at Cake Wallet, the first open-source Monero wallet, discusses the upgrade and what this means for preserving privacy on the blockchain. Plus, the potential impact of the Tornado Cash U.S. ban on privacy coins.

Recent Videos