The Downside of Sanctioning Tornado Cash

The Tornado in this case is a smart-contract application that has drawn concern from the U.S. government for its alleged use in the laundering of hacked or stolen funds by the North Korean government. What makes this event so notable is that the OFAC has sanctioned the code running the Tornado Cash application rather than sanctioning individuals or entities using the tool for crime. The project has been deemed a force of evil.

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