ICYMI: here's what crypto Twitter has to say about TornadoCash being sanctioned DeFi
Last week, the U.S. watchdog OFAC put the addresses of Tornado Cash, world's most popular transactions obfuscating service, to the sanctions list. Dutch police arrested its core dev Alexey Pertsev with more repressions yet to come. The global crypto community is enraged by the attack and is discussing its influence on the future of blockchain and Web3.
1/ Today's arrest of a developer for writing privacy-preserving software reminds me of the US government's criminal investigations against PGP developer Zimmermann for"munitions export without a license". Cryptosystems using keys >40 bits were considered munitions.
Explain to me how Tornado devs getting arrested for writing code that's capable of being used by criminals doesn't lead to gun manufacturers getting arrested for making weapons that are capable of being used by criminals.
Besides that, Circle has frozen some USDC coins somehow associated with Tornado Cash; the calls to Tornado Cash are censored by the Alchemy and Infura node providers and its domain is shut down by the decentralized hosting service Limo. Crypto investor Ryan Sean Adams bashed the services that are blocking Tornado Cash addresses and advised them to"grow some backbone":Unelected bureaucrats blacklisting citizens without cause or due process is unconstitutional, illegal, and incompatible with any free society.
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