Ethereum Coin Mixer Tornado Cash Is Back on GitHub | Crypto Craft

  • Ethereum Coin Mixer Tornado Cash Is Back on GitHub

    From decrypt.co

    Ethereum coin mixer Tornado Cash is now back on software hosting website GitHub. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) last month blacklisted Tornado Cash, which allows users to anonymously send and receive Ethereum. American citizens are now banned from interacting with the app, which pools together transactions to obscure their origins. GitHub, a website which allows developers to share code, removed the tool’s code from its platform within hours of the OFAC announcement. tweet But Ethereum developers today announced that the tool’s original code was back on the ... (full story)

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XMR
Sep 22, 2022 5:29pm
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Any type of ban wouldn't actually deter the North Korean hacker groups anyway. Within minutes of the ban there were alternative methods of interacting with Tornado Cash through IPFS with new RPCs. North Korean hackers as sophisticated as they are, could surely figure out how to interact with it if they wanted to. All this ban did is advertise Tornado Cash to the world along with advertise irreversible methods of interacting with it. When considering bans, unintended consequences should be considered. Throughout history, we've seen many examples of unintended consequences.
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