Tornado Cash DAO faces ‘malicious’ governance attack, researchers warn
The DAO behind notorious privacy protocol Tornado Cash has received a proposal that would replace key addresses with spoofed lookalikes.
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The DAO behind notorious privacy protocol Tornado Cash has received a proposal that would replace key addresses with spoofed lookalikes.
Read more (2 min) →— DeFi, Roman Storm
DeFi advocates are concerned that the Roman Storm verdict could set a precedent for developers of other protocols.
Roman Storm's legal team requested extra time to counter the US government's arguments and was boosted with $500K from the ETH Foundation.
Tornado Cash co-founder Roman Storm is asking for another $2M after already spending millions over the past two years.
The question of whether Tornado Cash or Samourai ever controlled their users’ funds while transmitting them is a critical legal issue.
The three cited examples are even more embarrassing for another reason: A separate, pre-existing sanction might have prevented them.
Knock-on effects continue from the US sanctions on Tornado Cash. Free speech advocates even plan to challenge the US Treasury in court.
As a result of OFAC sanctions from the US Treasury, it's now illegal for Americans to use Tornado Cash. Its website is going down worldwide.