ROLLUP: Tornado Cash Fallout | Ethereum Merge Updates | $350m a16z Flow Buy | Sudoswap NFTs
Bankless
00:00
Privacy vs. Regulation: The Tornado Cash Dilemma
This chapter examines the implications of the arrest of a developer linked to Tornado Cash, questioning the legality of penalizing individuals for creating open-source privacy tools. Legal experts discuss the potential violation of rights stemming from OFAC's designation of Tornado Cash, while advocacy groups raise concerns about the chilling effects on innovation and free speech. The conversation highlights the stark differences in accountability between cryptocurrency entities and traditional banks regarding financial crime, emphasizing the ongoing debate around privacy and regulation in the financial sector.
Play episode from 21:19
Transcript
