From the New World cover image

Manny Rinconcruz - A Tornado of Cash, An Earthquake of Crackdowns, and a Drought of Courage

From the New World

CHAPTER

Sanctions Against the Tornado Cash, Smart Contracts and Cryptocurrency

The rise of inscription technologies to, you know, send messages and potentially send money a triggered kind of what id call a moral panic, i think, with in the law enforcement community. A couple of weeks ago was that the us. Treasury added a something called tornado cash to their sanctions list. And by adding the addresses of these contracts of the sophar to the s d n list, the effect was basically to ban americans from using the sophar. I have several thousand dollars tener now frozen in tornado Am, and so that's basically kanno. What happened afterwards? A there was also an arrest of a developer made in the netherlands.

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