Cardano Founder Charles Hoskinson Says Tornado Cash Sanctions Set Extremely Dangerous Precedent

Cardano Founder Charles Hoskinson Says Tornado Cash Sanctions Set Extremely Dangerous Precedent


The Daily Hodl
2022-08-21 14:30:58

Cardano founder Charles Hoskinson says that the US government banning Tornado Cash sets a dangerous regulatory precedent. Earlier this month, the U.S. Treasury Department banned Americans from using the crypto mixing service, citing national security concerns as the agency claims the protocol has been used to launder $7 billion worth of crypto assets since 2019. In […]The post Cardano Founder Charles Hoskinson Says Tornado Cash Sanctions Set Extremely Dangerous Precedent appeared first on The Daily Hodl.