Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe
According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted
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According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted
Liam 'Akiba' Wright 2 min read
Vauld's entity in India failed to conduct due diligence on funds sent through the exchange and was uncompliant with India's Enforcement Directorate.
The Dutch Fiscal Information and Investigation Service revealed that it started a criminal investigation into Tornado Cash in June because it suspected that the protocol was being used for illegal activities.
Billionaire Mark Cuban is getting sued by Voyager Digital investors and his basketball team, Dallas Mavericks fans, for promoting Voyager Digital, which went bankrupt in July.
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Due to having its assets frozen as a part of an ongoing investigation, crypto trading platform Hotbit announced it suspended all functions. The exchange said the services will go back to normal as soon as the assets are unfrozen.
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The internet regulator vowed to crack down on online promotion of cryptocurrency to protect the financial interests of the people.
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