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How Tornado Cash crackdown exposes holes in crypto regulation
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The US sanctioning of a prominent cryptocurrency platform this week exposed technical gaps in the government's ability to prevent criminals, national adversaries and extremist groups from using the services to launder money and finance their operations, analysts said.
Among the central challenges: Cryptocurrency platforms are increasingly run by computer code distributed across computers around the world, rather than by individuals facilitating transactions, analysts said.
The...
Read more on fnlondon.comAbout this in other media
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen cointelegraph.com /2 years ago
Tornado Cash saga highlights legal issues affecting the crypto market cointelegraph.com /2 years ago
Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash ndtv.com /2 years ago
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