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Molly White

Some who know me as a cryptocurrency critic may find these opinions surprising coming from me.

But if you are surprised, I have failed. And I think I have, because I think some of you will be.

Alexey Pertsev, one of the developers and operators of the Tornado Cash cryptocurrency mixing service, has been sentenced to 64 months (over five years) in prison in the Netherlands. The service he helped to create enabled criminals to launder billions of dollars in illicit funds connected to massive hacks perpetrated by sophisticated cybercrime groups, ransomware operations that have decimated businesses, and pig butchering schemes that have ruined people. As someone who rails against the abuses by the cryptocurrency industry, why then am I so worried about his conviction, and about the parallel case in the United States against two Tornado Cash co-founders? Some who know me as a cryptocurrency critic may find these opinions surprising coming from me. But if you are surprised, I have failed. And I think I have, because I think some of you will be.
#crypto#cryptocurrency#privacy
May 23, 2024, 01:27 PM·Public·Web
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