Adding Tornado Cash Mixer to the sanctions list might violate the constitution and is more of a mechanical reaction to Terra’s downfall. This was stated by Jess Powell, CEO of Kraken cryptocurrency exchange, in an interview with Bloomberg.

He described removing the project code from Github as “optional”.

“Citizens have the right to financial privacy. Let’s see if he can stand the test in this court. […] Authorities want to check the existence of the digital currency with such possible unconstitutional actions. That scares me a little.” said.

8 August OFAC Added to the list of sanctions is the site of the cryptocurrency mixer Tornado Cash and its associated 39 Ethereum and 6 USDC addresses.

According to the agency, since the creation of Tornado Cash in 2019, attackers have laundered more than $7 billion in cryptocurrencies with its help. According to Elliptic, it is correct to talk about $ 1.54 billion.

Recall that the members of the decentralized autonomous organization Tornado DAO called on the society to hire a team of lawyers to appeal the denial of service in court.

Later, Coin Center, a human rights organization focused on the crypto industry, announced its intention to challenge the restrictions imposed by the United States.

On August 20, a rally will be held in Amsterdam to support Alexey Pertsev, the developer of the Tornado Cash cryptocurrency mixer, who was arrested in the Netherlands.

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