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14min chapter
Is DeFi Illegal Now? Tornado Cash Case Update | Jake Chervinsky
Bankless
The Tornado Cash Indictment: Implications and Concerns
This chapter explores the Roman Storm case and the government's indictment of Tornado Cash developers for alleged money laundering and sanctions violations. It highlights the complexities of liability in decentralized finance, particularly in relation to the immutable nature of smart contracts, and critiques the government's definitions of financial responsibility. The discussion also raises important questions about the balance between privacy in blockchain technology and regulatory oversight.
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Discover
highlights
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