2 ms·
The difference here is that a cryptocurrency mixer serves exactly one purpose: to be used to provide a financial service. You're not going to be able to plausib
by jcranmer 4y ago
The difference here is that a cryptocurrency mixer serves exactly one purpose: to be used to provide a financial service. You're not going to be able to plausibly argue that you didn't know what it was going to be financial service, and you're probably not going to be able to plausibly argue that you didn't know it was going to violate applicable financial regulations.
When you're working on other privacy/security technologies, they have substantial enough other uses that you are plausibly able to argue that you were ignorant of its use in illegal steps.
- 3np 4y agoEven so, Tornado Cash is functionally and conceptually quite different from a mixer. It's non-custodial, for starters. There's a plausible argument that none of the sanctioned individuals were or are involved in running any kind of financial service. This is closer to sanctioning developers of cryptographic libraries than it is to operators of a coin mixer.