Tornado Cash Sanctioned! The END of Crypto Privacy

Tornado Cash Sanctioned! The END of Crypto Privacy!?

By Guy

Hey Guys,

Last week, we had the news that the Treasury would be placing sanctions on Tornado cash. This was a pretty unprecedented action given that it was the first time that we have effectively had sanctions placed on a piece of open-source software – essentially, restrictions on lines of code.

Since that time though, we have learned just how much of an impact these sanctions have had on the crypto space. One of the developers was arrested, dApps blocked the smart contract, infrastructure providers blocked RPC calls & stablecoin issuers blacklisted funds.

There were also several individuals who discovered that their addresses could not interact with dApps as they were hit with a dusting attack.

But, the implications of these sanctions are so much broader than just these examples. It calls into question how “decentralised” defi really is and whether financial privacy can be achieved in tandem with more institutional adoption. There are also the questions around the constitutionality of these sanctions given that they could be breaching the first amendment.

There is so much to this that I have decided to do a dedicated video for you guys. This was a really interesting one to shoot so I hope you guys enjoy it!

~~~~~~

⛓️ 🔗 Useful Links 🔗

⛓️ Treasury Disclosure: https://home.treasury.gov/news/press-…

Dusting Attacks: https://twitter.com/depression2019/st…

Dev Arrested: https://techcrunch.com/2022/08/12/sus…

Infura Blocking: https://twitter.com/0xdev0/status/155…

Vitalik Sent: https://decrypt.co/107075/ethereum-co…

Crypto Wars: https://www.eff.org/document/crypto-w…

Bernstein vs. DOJ: https://www.eff.org/cases/bernstein-v…

Coincentre Response: https://www.coincenter.org/analysis-w…

Chainalysis Analysis: https://blog.chainalysis.com/reports/…

Lazarus Use Tornado Cash: https://markets.businessinsider.com/n…

~~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

Latest videos

BlackRock Predicted It 3 YEARS AGO!! Here's What They Said
BlackRock Predicted It 3 YEARS AGO!! Here’s What They Said…
BlackRock Predicted It 3 YEARS AGO!! Here's What They Said

BlackRock Predicted It 3 YEARS AGO!! Here’s What They Said…

September 28, 2022 2 min read
Dollar Strength Why it Could WRECK The Global Economy
Dollar Strength: Why it Could WRECK The Global Economy!
Dollar Strength Why it Could WRECK The Global Economy

Dollar Strength: Why it Could WRECK The Global Economy!

September 27, 2022 2 min read
Crypto News Cardano, ALGO, Big Banks, Ripple vs. SEC and More
Crypto News: Cardano, ALGO, Big Banks, Ripple vs. SEC & MORE!!
Crypto News Cardano, ALGO, Big Banks, Ripple vs. SEC and More

Crypto News: Cardano, ALGO, Big Banks, Ripple vs. SEC & MORE!!

September 26, 2022 2 min read
what gary gensler wants
SEC Hearing: Here’s What Gary Gensler Said About Crypto!
what gary gensler wants

SEC Hearing: Here’s What Gary Gensler Said About Crypto!

September 25, 2022 2 min read
Something is going on at the FED Implications for Crypto
Something is Going On at The FED! Implications for CRYPTO?!
Something is going on at the FED Implications for Crypto

Something is Going On at The FED! Implications for CRYPTO?!

September 21, 2022 2 min read
Ethereum Merge Done Now WHAT Will ETH Recover
Ethereum Merge Done: Now WHAT? Will ETH Recover?!
Ethereum Merge Done Now WHAT Will ETH Recover

Ethereum Merge Done: Now WHAT? Will ETH Recover?!

September 20, 2022 2 min read
Crypto News ETH Crash, SEC, Do Kwon, Terra, CPI and More
Crypto News: ETH Crash, SEC, Do Kwon, Terra, CPI & MORE!
Crypto News ETH Crash, SEC, Do Kwon, Terra, CPI and More

Crypto News: ETH Crash, SEC, Do Kwon, Terra, CPI & MORE!

September 19, 2022 2 min read

Related videos

BlackRock Predicted It 3 YEARS AGO!! Here's What They Said
BlackRock Predicted It 3 YEARS AGO!! Here’s What They Said…
BlackRock Predicted It 3 YEARS AGO!! Here's What They Said

BlackRock Predicted It 3 YEARS AGO!! Here’s What They Said…

September 28, 2022 2 min read
Dollar Strength Why it Could WRECK The Global Economy
Dollar Strength: Why it Could WRECK The Global Economy!
Dollar Strength Why it Could WRECK The Global Economy

Dollar Strength: Why it Could WRECK The Global Economy!

September 27, 2022 2 min read
Crypto News Cardano, ALGO, Big Banks, Ripple vs. SEC and More
Crypto News: Cardano, ALGO, Big Banks, Ripple vs. SEC & MORE!!
Crypto News Cardano, ALGO, Big Banks, Ripple vs. SEC and More

Crypto News: Cardano, ALGO, Big Banks, Ripple vs. SEC & MORE!!

September 26, 2022 2 min read
what gary gensler wants
SEC Hearing: Here’s What Gary Gensler Said About Crypto!
what gary gensler wants

SEC Hearing: Here’s What Gary Gensler Said About Crypto!

September 25, 2022 2 min read
Something is going on at the FED Implications for Crypto
Something is Going On at The FED! Implications for CRYPTO?!
Something is going on at the FED Implications for Crypto

Something is Going On at The FED! Implications for CRYPTO?!

September 21, 2022 2 min read
Ethereum Merge Done Now WHAT Will ETH Recover
Ethereum Merge Done: Now WHAT? Will ETH Recover?!
Ethereum Merge Done Now WHAT Will ETH Recover

Ethereum Merge Done: Now WHAT? Will ETH Recover?!

September 20, 2022 2 min read
White House Crypto FUD is Coming!! What They Said!!

White House Crypto FUD is Coming!! What They Said!!

September 18, 2022 2 min read