Cardano founder supported Tornado Cash developers

Cardano founder supported Tornado Cash developers

Cardano founder Charles Hoskinson defended the developers of the Tornado Cash cryptocurrency mixer, which fell under OFAC sanctions .

According to Hoskinson, developers cannot always control the open source code and how users will interact with it. The programmer should not be in prison for the https://gagarin.news/news/metaverse-poised-to-become-most-popular-way-to-buy-and-sell-crypto/ offenses that other people committed, he emphasized.

“It’s how to write a book about the preparation of cyanide or the creation of a bomb. The authors cannot control how this information will be used […]. Therefore, by creating a code for the protocol, the developer should not be considered an accomplice. He simply wrote a code that was technically used by attackers, ”said Hoskinson.

On August 8, OFAC included the Tornado Cash website, as well as related to it 39 Ethereum- and 6 USDC addresses.

According to the agency, since the creation of a mixer in 2019, with his help, attackers laundered cryptocurrency worth more than $ 7 billion. According to Elliptic, it is correct to talk about $ 1.54 billion.

On August 12, the Netherlands authorities arrested an unnamed man on suspicion of involvement in money laundering and concealing criminal financial flows through a cryptocurrency mixer. It later became known that we are talking about Alexei Pertsey.

The decision of the authorities caused a resonance in the community. CEO of Kraken cryptocurrency exchange Jess Powell called sanctions against Tornado Cash unconstitutional, and TRM Labs analysts – a call for compliance.

A member of the House of Representatives of the US Tom Emmer also criticized. In his opinion, restrictions on the mixer threaten confidentiality and innovation. He demanded from the Minister of Finance Janet Yellen explanations regarding the actions of OFAC.

Recall, on August 22 in Amsterdam, a rally was held in support of Pertsev. Its participants said that open source code is not a crime, and the authorities must pursue these attackers.

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