Tornado Cash Developer Faces Up to 45 Years in Jail After Judge Denies Case Dismissal

Tornado Cash developer to face up to 45 years in jail after a judge denied to dismiss his case. The Dev alleged that he just create a tool to legitimate users to make their transactions more private and never made it with intentions to steal or use for bad intentions.

But, all his claims where dismissed and now the dev can have a heavy sentence if he found guilty on all charges against him. He his charged with, money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business.

If all the charges stick in court he can be a permanent resident of one of the US cells for long time. Despite he and collaborators, built Tornado Cash to enhance users privacy when transacting online, bad actors started to use the tool to launder stolen crypto assets and since its inception, Tornado became the chosen platform for criminals to do their "thing."

For example, WazirX hacker used the tool to launder all 227 million dollars he secured from that exploit, leaving only 6 million in his known wallet, which I bet he just waiting for the better moment to finish laundering it. While devs build tools to easiest people's lives, it's always important to bear in mind that bad actors will always find a loophole to explore and that should be accountable!

Right now the Dev is facing use sentence, after all 45 years in a box for creating a tool might alert others that "if you build something, you need to take in consideration all that can come with it and surely respond for it". Millions have been been laundered through Tornado Cash but I believe in a good trial taking in consideration that the devs build a necessary tool but criminals discovered that could use it for bad too. Remember:

CONTENT IS KING!

0
alberdioni8406Post author

I am a content creator dedicated to producing high-quality content on a wide range of topics, including cryptocurrency, Web3, blockchain technology, global news, and GameFi. I strive to provide my followers with the latest and most relevant information in these areas.

Dyored.com: Track, research and bookmark crypto projects in-depth, stay updated on market dynamics, and connect with a community dedicated to making safer, more informed decisions in the crypto world.

Check the 223 User Manual before posting.

4 comments

Loading replies...

Dyored.com: Track, research and bookmark crypto projects in-depth, stay updated on market dynamics, and connect with... Show More