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The founder of Cardano has spoken out in defense of Tornado Cash’s developers

The founder of Cardano has spoken out in defense of Tornado Cash's developers.

The fact that Tornado Cash became a focus of law enforcement in the United States was a mere blip on the radar in an otherwise unremarkable day “Cardano”. The community was informed that numerous criminal groups made extensive use of the project, including hackers in South Korea who successfully used a crypto mixer (a tool used by many crypto enthusiasts) to launder several million dollars.

Many social media users reacted negatively to the ban, expressing their disappointment that the United States government would ruin one of the most promising DeFi projects. However, it’s hard to deny that the ease with which money may be hidden via a variety of services is a major factor in why many governments are hesitant to adopt bitcoin.

While libertarians may see this as a positive development, the reality is that every community requires a secure environment and the means to identify and punish those who commit crimes. That’s the kind of thing that can be avoided with relative ease because to initiatives like Tornado, which put pressure on the people who make their money illegally and keep them from funding crime and terrorism. It’s not easy to reach the middle ground without breaking a few eggs. It looks like Tornado was the mysterious egg.

The Creator of Cardano Makes an Announcement

Tornado was subject to more severe penalties than just a suspension. The Dutch authorities have arrested one of the programmers. The United States government also spied on other types of mixers. It’s a sad day for everyone who benefits from software like Tornado and others.

Bear in mind that these endeavors are meant to be utilized. Ingenious programmers made these gadgets, and their backstory is very similar to that of the man who first used dynamite. Originally designed to dig massive mines, this instrument has instead become a frightening weapon that has advanced conflict around the world. As a result, mixtapes have been co-opted for use in criminal financial schemes that the designers never even thought of.

Founder of Cardano Charles Hoskinson once claimed that programmers did nothing but write code. To try to prosecute them would be like prosecuting a blacksmith for a murder committed with a kitchen knife he produced.

Orizu Augustine
Orizu Augustine is an experienced crypto writer working for Alltechcraft. Having passion for writing, he covers news articles from blockchain to cryptocurrency and iPhone and Samsung related articles.