121 sats \ 2 replies \ @k00b OP 14 May \ on: Tornado Cash Developer Sentenced to 64 Months in Prison by Dutch Court bitcoin
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” according to the translated verdict seen by CoinDesk. “That is why the court regards the defendant guilty of the money laundering activities as charged.”
Seems like they are punishing him for not doing their job for them.
In the U.S., however, Storm is not accused of being responsible for the laundering of $1.2 billion due to differences in how U.S. and Dutch laws address personal responsibility in this type of alleged crime.
I thought he was arrested. I wonder what distinction there is between this case and samouri's.
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241 sats \ 1 reply \ @orthwyrm 14 May
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” according to the translated verdict seen by CoinDesk. “That is why the court regards the defendant guilty of the money laundering activities as charged.”
yikes. seems like this would apply to pretty much any entity involved in the transmission of money.
the worrying thing is that tornado cash isn't even a centralized coordinator like samurai, and is simply a smart contract sitting on ethereum. in fact, it's still running afaik and cannot be shut down. so perhaps under the eyes of the law samurai might be "more" guilty as they have been providing a service with active management that they refused to terminate.
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172 sats \ 0 replies \ @itsMoro 14 May freebie
if its still running and facilitating privacy, he only goes to jail for 64 months as the unfortunate scapegoat for some justice larping govt...i think that as a silving lining indicates the futility of attempting to hold back open source software and users from using it in useful ways. hopefully he can appeal successfully and/or get out sooner. id give to their defense fund if anyone knows of a link 🤙
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