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You dont do it that way. Just drop it in Tornado.cash and a few days later withdraw to a virgin crypto address. The virgin crypto address just pumps a token tha

You dont do it that way. Just drop it in Tornado.cash and a few days later withdraw to a virgin crypto address. The virgin crypto address just pumps a token that you bought in another clean address with clean money prior. You sell the token in the clean address at a massive profit and cash out under your real name and ID and even pay taxes. Go look at any highly pumped token on Uniswap/Sushiswap/Pancakeswap and you’ll find plenty of addresses that either bought or added to the liquidity pool using funds that begin with Tornado.cash, there is no way to distinguish the nature of the transaction from simple observation. All blockchain technology is heading to parity with the privacy afforded by traditional banking, without the financial intermediary to question anything for the state.

intotheabyss 5y ago
You could even send ETH to the Secret Network and perform token swaps and then send it back to a clean address.
- vmception 5y ago
  Yes, even better because the smart contract execution is private and all the variables (receiver, quantity) are only temporarily stored with the validator’s SGX chips and not onchain. Less liquidity there, for now. Meaning the exits would more likely be the same beneficial owner, but definitely an additional route for liquidity. Similarly, I think there should be a version of Tornado.cash that stores notes in SGX and Secure Enclaves, as enough devices have this now. (Although that forces only one device to have the note. Instead of a transferable IOU) How well does Keplr or Cosmos wallets work over Tor? Are their any onion nodes that can resolve broadcasted transactions?
  - vmception 5y ago
    Also note: I would still say having a record of trading gains would still be better whether using an EVM+Tornado or Secret Network, as this is much easier to account for than never accounting for the obfuscated funds or trying to further obfuscate and reintegrate with front businesses

intotheabyss 5y ago

You could even send ETH to the Secret Network and perform token swaps and then send it back to a clean address.

vmception 5y ago
Yes, even better because the smart contract execution is private and all the variables (receiver, quantity) are only temporarily stored with the validator’s SGX chips and not onchain. Less liquidity there, for now. Meaning the exits would more likely be the same beneficial owner, but definitely an additional route for liquidity. Similarly, I think there should be a version of Tornado.cash that stores notes in SGX and Secure Enclaves, as enough devices have this now. (Although that forces only one device to have the note. Instead of a transferable IOU) How well does Keplr or Cosmos wallets work over Tor? Are their any onion nodes that can resolve broadcasted transactions?
- vmception 5y ago
  Also note: I would still say having a record of trading gains would still be better whether using an EVM+Tornado or Secret Network, as this is much easier to account for than never accounting for the obfuscated funds or trying to further obfuscate and reintegrate with front businesses