4min chapter

Bankless cover image

Is DeFi Illegal Now? Tornado Cash Case Update | Jake Chervinsky

Bankless

CHAPTER

Potential Outcomes of the Tornado Cash Case for DeFi

This chapter examines the possible repercussions of a legal case on decentralized finance (DeFi) and its developers. It contrasts the optimistic outcome of an acquittal that could foster DeFi's expansion with a bleak scenario of a conviction that may impose significant limitations on smart contract development.

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