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Home»Regulation»Early Contributor of Banned Tornado.Cash Announces Launch of New and Improved Version of Mixing Service
Early Contributor of Banned Tornado.Cash Announces Launch of New and Improved Version of Mixing Service
Regulation

Early Contributor of Banned Tornado.Cash Announces Launch of New and Improved Version of Mixing Service

2023-03-06No Comments2 Mins Read
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One of many early contributors behind main coin-mixing service Twister.Money has introduced the launch of an up to date model of controversial software program.

In a tweet to his 36,000 Twitter followers, Ameen Soleimani says that Twister Money has been “fastened” with the launch of Privateness Swimming pools, which is constructed on Ethereum-scaling resolution Optimism (OP).

“We fastened [Tornado Cash]

v0 of privacypools.com is stay on [Optimism]

take a look at out the demo, however please notice:
– that is experimental code
– it has not been audited
– the trusted setup is untrusted”

With Privateness Swimming pools, Soleimani says that customers will now have the choice to assist regulators isolate illicit funds, with out revealing their transactions historical past.

“In my private opinion, privacypools.com is strictly higher than TornadoCash

With privateness swimming pools, simply because somebody deposits into the identical sensible contract as you, it doesn’t imply they’ll additionally power you into sharing an anonymity set with them.

It’s your alternative.

Some may disagree, however as a result of privacypools.com enhances consumer sovereignty by giving customers extra alternative, not much less, I don’t imagine it counts as ‘narcware.’”

The developer provides that Privateness Swimming pools received’t be the ultimate product, and that the delivery of the brand new app is to “begin a dialog” and “assist regulators perceive a doubtlessly extra enticing equilibrium between privateness and regulation that we didn’t even know existed a couple of months in the past.

Twister.Money was blacklisted by the U.S. Treasury Division final 12 months beneath alleged nationwide safety threats.

See also  Coinbase launches Stand with Crypto Alliance, reports 52k 'advocate' signups on first day

The creator of Twister Money, Alexey Pertsev, was additionally arrested in Amsterdam final 12 months, and has been in jail ever since, regardless of not being convicted of any crime. He’s awaiting a listening to slated for April.

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Featured Picture: Shutterstock/Natalia Siiatovskaia/Mia Stendal



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Announces Banned Contributor early Improved Launch Mixing service Tornado.Cash version
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