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51339756 No.51339756 [Reply] [Original]

They are suiting ofac for sanctioning tornado cash, on the ground of free speech first amendment right. What is the financial implication of this?
https://www.coindesk.com/policy/2022/09/08/crypto-engineers-investors-sue-us-treasury-over-tornado-cash-sanctions/

>> No.51339775

>>51339756
yep

>> No.51339803
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51339803

>>51339756
>your honor! the money laundering machine I made can't be banned because it's just code! it's free speech!

>> No.51340024

>>51339803
Bartering shouldn’t be illegal

>> No.51340188

win-win situation for methereum and coinbase. at the very least it will be more effective than changing a twitter pfp to the tornado cash logo and back

>> No.51340862

We need to stop relying on centralized platforms. They are the main reason the governments have so much leverage over us.
DeFi and DAOs are the only way
>AAVE
>BitDAO
>Curve

>> No.51341337

>>51340862
We need more defi ways to cash out.

>> No.51341378

>>51339756
>>51339803
more than just free speech, it was retroactive punishment, which is unconstitutional

>> No.51341546

Crypto people are fucking rich, about time they start throwing their weight around and fighting back.

>> No.51341765

>>51339803
The code is speech argument was settled back in the 80s and it’s the reason they aren’t being prosecuted for writing the smart contract. This ruling in this case will have far reaching impact on the legality of defi in general because it’s in reference to imposing sanctions against something that is not controlled by a single entity

>> No.51342009

Filing a lawsuit on the offensive and claiming it is about muhhhhhh preserving and protecting constitutional rights and protecting Defi. This is the low IQ Reddit nigger kind of analysis that now pervades biz.

>> No.51342109

>>51342009
cope+seethe

>> No.51344305
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51344305

>>51339803
this judge shut down limewire back in 2010. they can shut tornado cash down too. remember, not your keys, not your crypto