Tornado Cash Customers are in deep sh!t as companies dissociate themselves from Tornado Cash

The whole Tornado cash saga started from when the United States placed a ban on the platform, and ever since then it has been hell for their customers, mostly those in the United States where their services were first ban for alleged money laundering, then a few day later a 29 year old man suspected to be tornado cash developer was arrested in Amerstdam, which I still don't understand or like the fact that they arrested him for being a suspected Tornado Cash developer, because he did his job by making transaction private and untraceable on Tornado Cash, it is not his fault that hackers and criminals exploited the Torado Cash platform for their own illegal purpose for money laundering because the platform is secured.

Tutorial Youtube Thumbnail Make Money - 2022-08-14T032309.146.png

Crypto exchanges and lending platforms are now blocking addresses linked to Tornado Cash.

This Tornado Cash sanctions or ban for allegedly getting involved is money laundering has really put their customers at a huge disadvantage as many other crypto exchanges or platform are dissociating themselves from Tornado Cash, according to a news report that I read, two (2) days ago their website went offline, their Discord server has been deleted and their GitHub is also down. It is obvious Regulators wants Tornado Cash gone and other crypto firms don't want to get caught in the crossfire, so innocent Tornado Cash customers are going to, let me rephrase, they are already surfering the most from these whole sanctions for money laundering saga.

Yesterday Justin Sun the CEO of Tron and one of the most hated individual in the crypto industry says AAVE, a decentralized Crypto lending protocol that allows users lend or borrow crypto without going to a centralized intermediary has blocked his wallet address after someone sent him 0.1 $ETH randomly from Tornado Cash. I think AAVE must have set their algorithm or launched a program to block addresses that links to Tornado Cash, to comply with the United States sanction, but this will most definitely affect both Torndo Cash and AAVE customers mostly those that have never used their wallet for any illegal activity, because they now stand a chance of their wallet address getting blocked simply because someone sent money from a Tornado Cash address, meaning Tornado Cash customers can not send their crypto to another crypto platform.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu

Posted Using LeoFinance Beta



0
0
0.000
0 comments