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Less than a month ago, Vitalik Buterin deposited 220 ETH into Tornado Cash. source, 4 transactions: 100 ETH - https://etherscan.io/tx/0xd8d586ad33434be0f5

Less than a month ago, Vitalik Buterin deposited 220 ETH into Tornado Cash. source, 4 transactions: 100 ETH - https://etherscan.io/tx/0xd8d586ad33434be0f51c5c9d6996b1c8b208b04155683eee377849b67a0b13cd 100 ETH - https://etherscan.io/tx/0xfeb399764590a7c1ca321492b4634ceba530093d43d814aa1c5afdf3fa03b092 10 ETH - https://etherscan.io/tx/0x0f82d42f6d455f3b745be670a04d37a254d02a4b1ae35af967ed7d90de34ffdc 10 ETH - https://etherscan.io/tx/0x98c40bdde8edd84ba4c483bfca447bb3209957c1be90582d5fbf8630845df814

bhouston 4y ago
What was his explanation?
- ptero 4y ago
  Why should he care to provide one? Honest question.
- anonporridge 4y ago
  Why do you need an explanation for seeking privacy? Guilty until you can prove your innocence?
  - hanniabu 4y ago
    Sadly a good portion of HN thinks blockchain is only used for money laundering and will be completely fine with this subversion of rights
  - pjc50 4y ago
    https://en.wikipedia.org/wiki/Unexplained_wealth_order https://en.wikipedia.org/wiki/Unexplained_wealth_order ; the US does this via in rem actions e.g. https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U.S._Currency https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U... More generally, see https://news.sky.com/story/us-cryptocurrency-developer-jailed-for-helping-north-korea-evade-sanctions-12589205 https://news.sky.com/story/us-cryptocurrency-developer-jaile... ; it was inevitable that as the value involved in cryptocurrency increased, it would reach the threshold where "no you are not allowed to provide aid to enemies of the United States" became a serious consideration.
  - vintermann 4y ago
    Property transfers are not a private matter. Not if you want the world to respect your property.
- olalonde 4y ago
  Possibly got tired of random people tracking what he did with his ETH, like parent just did.
  - jtbayly 4y ago
    The irony of cryptocurrencies destroying anonymity always makes me laugh, given the original claims of the opposite years ago.
    - deleted 4y ago
      [deleted]
    - frankthedog 4y ago
      The point of this aggressive sanction was that Tornado Cash WAS an easy way to anonymize crypto.
      - jtbayly 4y ago
        To get around the fact that anybody could track your every transaction on ETH, rather than just your bank or CC company and the IRS. Getting cash out of your bank account is also an easy way to anonymize.
    - matheusmoreira 4y ago
      Monero preserves privacy and anonymity. No one can see where money comes from, where it's going or even how much is being transferred. US treasury tried to sanction a Monero wallet and ended up sanctioning a transaction hash. https://www.treasury.gov/ofac/downloads/sdnlist.txt https://www.treasury.gov/ofac/downloads/sdnlist.txt > Digital Currency Address - XMR 5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320; https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320 https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207...
- Dionysius 4y ago
  https://twitter.com/vitalikbuterin/status/1556925602233569280 https://twitter.com/vitalikbuterin/status/155692560223356928...

bhouston 4y ago

What was his explanation?

ptero 4y ago
Why should he care to provide one? Honest question.
anonporridge 4y ago
Why do you need an explanation for seeking privacy? Guilty until you can prove your innocence?
- hanniabu 4y ago
  Sadly a good portion of HN thinks blockchain is only used for money laundering and will be completely fine with this subversion of rights
- pjc50 4y ago
  https://en.wikipedia.org/wiki/Unexplained_wealth_order https://en.wikipedia.org/wiki/Unexplained_wealth_order ; the US does this via in rem actions e.g. https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U.S._Currency https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U... More generally, see https://news.sky.com/story/us-cryptocurrency-developer-jailed-for-helping-north-korea-evade-sanctions-12589205 https://news.sky.com/story/us-cryptocurrency-developer-jaile... ; it was inevitable that as the value involved in cryptocurrency increased, it would reach the threshold where "no you are not allowed to provide aid to enemies of the United States" became a serious consideration.
- vintermann 4y ago
  Property transfers are not a private matter. Not if you want the world to respect your property.
olalonde 4y ago
Possibly got tired of random people tracking what he did with his ETH, like parent just did.
- jtbayly 4y ago
  The irony of cryptocurrencies destroying anonymity always makes me laugh, given the original claims of the opposite years ago.
  - deleted 4y ago
    [deleted]
  - frankthedog 4y ago
    The point of this aggressive sanction was that Tornado Cash WAS an easy way to anonymize crypto.
    - jtbayly 4y ago
      To get around the fact that anybody could track your every transaction on ETH, rather than just your bank or CC company and the IRS. Getting cash out of your bank account is also an easy way to anonymize.
  - matheusmoreira 4y ago
    Monero preserves privacy and anonymity. No one can see where money comes from, where it's going or even how much is being transferred. US treasury tried to sanction a Monero wallet and ended up sanctioning a transaction hash. https://www.treasury.gov/ofac/downloads/sdnlist.txt https://www.treasury.gov/ofac/downloads/sdnlist.txt > Digital Currency Address - XMR 5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320; https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320 https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207...
Dionysius 4y ago
https://twitter.com/vitalikbuterin/status/1556925602233569280 https://twitter.com/vitalikbuterin/status/155692560223356928...