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And I read their press release and quoted their entire "Sanction Implications" section, and it basically says you can't use Tornado if you're a US person or dea
by Scoundreller 4y ago
And I read their press release and quoted their entire "Sanction Implications" section, and it basically says you can't use Tornado if you're a US person or dealing with US assets and you can't use it if you're dealing with someone on OFAC's sanction list.
Which seems to leave a lot of transactions, like a non-sanctioned non-American paying another non-sanctioned non-American for something with mixed crypto entirely off of US soil. The sanction doesn't appear to apply against that.
- JumpCrisscross 4y ago> a non-sanctioned non-American paying another non-sanctioned non-American for something with mixed crypto entirely off of US soil Sure. You will be a fugitive from American law for the rest of your life. But plenty of people make a living in that category.
- Scoundreller 4y agoFor breaking which law or term of the sanction? It genuinely seems like OFAC sanctions only apply here when dealing with listed Persons or any US national on either side of a Tornado transaction.
- salawat 4y agoIt doesn't matter. It's generally enough in diplomatic channels that if an American could access a service, the U.S. will treat it as if it has been used by one. As I understand, this is why an American in Europe can have a hard time creating an account. In order to operate in that country without triggering treaty clauses, there has to be a technical or process measure to keep U.S. customers abroad out. Otherwise that state is obligated by treaties to consider that business in breach of U.S. sanctions.