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TEXXR

Chronicles

The story behind the story

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Dutch authorities arrest a Tornado Cash developer suspected of involvement in concealing money laundering, two days after the US sanctioned the crypto mixer

- The Tornado Cash developer arrested by Dutch authorities on Wednesday is Alexey Pertsev, his wife has confirmed to The Block.

The Block Yogita Khatri

Discussion

  • @cobie @cobie on x
    Welcome to the war on code
  • @mdudas Mike D🫡das on x
    gonna have to arrest the developers behind swift, ach network, visa, mastercard because my understanding is that fraudulent transactions and money laundering occur on global financial networks
  • @stackersatoshi Satoshi Stacker on x
    💥 BREAKING NEWS: 29-year-old man arrested in Amsterdam. He is suspected developer of Tornado Cash. Allegations are: involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies. THEY'RE WORKING FAST! 😳
  • @davidgerard @davidgerard on x
    “FIOD arrested a 29-year-old man in Amsterdam. He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies through the decentralised Ethereum mixing service Tornado Cash.” https://www.fiod.nl/...
  • @ryansadams Ryan Sξan Adams on x
    They arrested the developer of tornado cash. 🚨 I repeat: a man was arrested for writing code that served as a public good for people to maintain their privacy online. They put a man in jail because bad people used his open source code. This cannot stand in any free society.
  • @jchervinsky Jake Chervinsky on x
    We should all be closely watching the situation in Amsterdam, where a Tornado Cash developer has been detained. It's unclear if there are allegations of illicit conduct unrelated to writing code. If not, this threatens to be the start of Crypto Wars II. https://www.theblock.co/..…
  • @himgajria @himgajria on x
    They arrested a guy for writing some code, instead of going after those that used said code for illegal purposes. While they're at it, they better arrest Tim Berners Lee for all the illegal activity happening on the web.
  • @drwasho Washington Sanchez on x
    Privacy is not a crime. Developing tools to maintain your privacy is not a crime.
  • @artusvanfrahm @artusvanfrahm on x
    This is a shame... Arresting developers of Open Source Software by the West should ring alarm bells. https://www.coindesk.com/...
  • @cobie @cobie on x
    damn https://twitter.com/...
  • @lawmaster @lawmaster on x
    I think an interesting question to ask now is why is only Tornado Cash affected and other privacy projects like CoinJoin, Monero, and even Zcash are still fine? Is that just because Tornado was used the most recently or are there some other factors playing a role here? Just odd
  • @pedrouid @pedrouid on x
    This is no joke! An open-source developer was arrested and it's a huge violation of freedom of speech Even ETH2 deposit contract was funded with Tornado Cash funds Privacy is not a crime! ✊ https://www.theblock.co/...
  • @lefterisjp @lefterisjp on x
    Developer of @TornadoCash arrested in the Netherlands? https://www.fiod.nl/... https://twitter.com/...
  • @__tux @__tux on x
    really really bad news https://twitter.com/...
  • @annairrera Anna Irrera on x
    Dutch authorities have arrested a man described as a “developer” of Tornado Cash, the cryptocurrency mixing service that was hit with US sanctions earlier this week. Moves are generating a debate on limits and potential overreach of crypto policing 👇 https://www.bloomberg.com/...
  • @_naveenmishra Naveen Mishra on x
    Decentralization maximalists are by defualt personal responsibilitt maximalists. Build software that is really decentralized and let other people run it. Even though we dont know the exact reason for the arrest, this should serve as warning to DINOs https://www.fiod.nl/...
  • @chrisblec Chris Blec on x
    The announcement by FIOD contains errors. It says that Tornado is operated by a DAO. Wrong. There's no entity. “Tornado” is open source code running in several autonomous smart contracts. It was written once, deployed once, and not touched since then. https://www.fiod.nl/...
  • @timccopeland Tim Copeland on x
    wouldn't want to be part of TC DAO right now https://twitter.com/...
  • @teddyknox Teddy Knox on x
    The devs are next https://www.fiod.nl/...
  • @timccopeland Tim Copeland on x
    questions: - what happens to all TC devs? - what happens to TC DAO members? - what happens to those who have used TC pre-sanctions? - what happens to those who used it post-sanctions? - what happens to devs for any similar projects? getting real serious now
  • @bantg @bantg on x
    Arrest of suspected developer of Tornado Cash - FIOD https://www.fiod.nl/...
  • @mayazi Maya Zehavi on x
    Remind me plz, did they ever arrest HSBC bankers? if code is speech, how does the US justify arresting devs as being responsible for creating privacy moats. DPRK is bad, facilitating Iran/Russia circumventing snactions - also bad, but why go after devs? https://www.fiod.nl/...
  • @bantg @bantg on x
    The accusations are straight out lies as always. https://twitter.com/...
  • @kyle_chasse @kyle_chasse on x
    Tornado Cash saga gets a lot worse for its developers. One just got arrested in the Netherlands.. https://www.coindesk.com/...
  • @mdudas Mike D🫡das on x
    there are strong rumors that paypal, venmo and cash app have enabled episodes of money laundering and fraud, throw 'em all in the paddy wagon
  • @edanyago Yago on x
    This is an attack on all of us. On our privacy and freedom. Every Sovryn should see this as a personal attack. https://www.coindesk.com/...
  • @crypto_gateway @crypto_gateway on x
    Silk Road 2.0? https://twitter.com/...
  • @gross_bit @gross_bit on x
    Seriously being a Monero or ZK-tech dev has become a very risky job. https://twitter.com/...
  • @pt Parker on x
    They were operating a for-profit business that ignored the laws of the jurisdictions in which they live, and which everyone agrees facilitated money laundering. Open sourcing the code doesn't seem like it should be a get-out-of-jail free card. https://twitter.com/...
  • @alexhern Alex Hern on x
    There's a meme in cryptoworld that tornado cash is only taking us back to a pre-internet level of financial privacy and I'm sorry but if you think it was trivial for a foreign state to steal and then launder $700m of stolen cash in 1980 I'm going to assume you were born in 2000
  • @carnage4life Dare Obasanjo on x
    Despite complaints on Twitter, it's net positive for crypto if the tools that have enabled over $2B of hacks in the web3 space so far this year are banned or made harder to access. Crypto people should be celebrating moves that encourage more to FOMO in. https://www.wsj.com/...
  • @dnvolz Dustin Volz on x
    New: The U.S. sanctioning of Tornado Cash exposed gaps in the government's ability to prevent criminals from using decentralized services. “It is difficult, if not impossible, to shut down Tornado Cash entirely.” w/ @ceostroff https://www.wsj.com/...
  • @ceostroff Caitlin Ostroff on x
    New w/@dnvolz: U.S. officials sanctioned Tornado Cash this week but limits are already showing: —People copied the platform's code before GitHub took it offline —People are pulling funds from sanctioned accounts —They're sending funds to random Americans https://www.wsj.com/...
  • NullTX Mark Arguinbaev on x
    Ethereum Price Rises Past $1.9K, Surpasses Half of Bitcoin's Market Cap