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The Tornado cash developers were charged because they personally profited from criminal activity (laundering greater than $1 billion, helping North Korea). Some
by acdha 2y ago
The Tornado cash developers were charged because they personally profited from criminal activity (laundering greater than $1 billion, helping North Korea). Someone developing software is not in the same situation if they are not also operating a service which criminals can use.
- vaylian 2y agoThanks. Do you have a source for this? The darknet diaries episode didn't mention that: https://darknetdiaries.com/episode/147/ https://darknetdiaries.com/episode/147/
- mdhb 2y agohttps://www.justice.gov/usao-sdny/pr/tornado-cash-founders-charged-money-laundering-and-sanctions-violations https://www.justice.gov/usao-sdny/pr/tornado-cash-founders-c...
- 627467 2y agoWas it proven that tornado cash devs knowingly and intentionally laundered 1B and helper North Korea or are we just describing what a tumbler does which is to allow parties to mix in their money's and the tumbler operator takes a profit for running this? That's the problem with this "lowly devs engaging in biz that big finance guys without paying their dues to the rest of the extortion racket". Which HSBC executives got jailed for laundering billions for narcos during the GFC? Oh it was just a slap in the wrist fine.
- acdha 2y agoI’m describing what they were charged, and in at least one case, convicted in a public trial: https://therecord.media/tornado-cash-money-laundering-verdict-netherlands-alexey-pertsev https://therecord.media/tornado-cash-money-laundering-verdic... The big trial is still in progress so it remains to be seen how those charges will ultimately be resolved: https://www.coindesk.com/arc/outboundfeeds/yahoo/nrys8o/?outputType=xml https://www.coindesk.com/arc/outboundfeeds/yahoo/nrys8o/?out...