SendStory Logo

US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry

Ars Technica LogoArs Technica1 mo ago

US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry

Quick Summary

Tornado Cash banned over money laundering but has legitimate uses as privacy tool.

Coin Center is a cryptocurrency research and advocacy group.

There is reportedly over $412 million of assets on Tornado Cash.


More Pictures

US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry - Ars Technica (Picture 1)

News Analysis

Author / Journalist: Jon Brodkin

Category: Technology

Topics: Cryptocurrency Policy Tornado cash

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: arstechnica.com

Readership Location: United States

Published Date: 2022-08-09, 18:31:14

News Timezone: GMT -5:00

Language: English

Original Article Length: 230 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1515487

Load More

About Publisher

Ars Technica Logo

Name: Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 10 posts per day

Last Update: 16h ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #59

Load More

SendStory makes reading the news super fast, short, and sweet by summarizing every story into 3 sentences. Our mission is to create an informed generation of people by making news extremely easy to read, while saving your precious time staying informed.

© Copyright 2022 SendStory. All Rights Reserved.