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COINBASE v. GOVERNMENT & TORNADO CASH BLACKLIST URGENT NEWS!
Manage episode 343176939 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Coinbase filed a complaint against OFAC due to the Tornado Cash Sanctions.
Tornado Cash, including the purported entity, the website tornado.cash, 37 smart contracts, and an address that was used to accept donations to develop the project, were added to the OFAC SDN List on August 8, 2022. This was the first ever sanction against open source code. OFAC alleged that the mixer was used to launder money. The lawsuit challenges the addition of Tornado Cash to the SDN List because it’s an unprecedented, overbroad action that exceed’s OFAC’s statutory authority and infringes on their constitutional rights and the ability of law-abiding Americans to engage freely and privately in financial transactions. Appreciate Coinbase stepping up to the plate - even though it’s probably in their financial interest to do this, it’s also good for the overall industry.
This sanction could lead to a slippery slope, and the best time to nip it in the bud is with the first.
Full blog here.
31 episodes
Share
Manage episode 343176939 series 2442796
Content provided by Sasha Hodder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sasha Hodder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Coinbase filed a complaint against OFAC due to the Tornado Cash Sanctions.
Tornado Cash, including the purported entity, the website tornado.cash, 37 smart contracts, and an address that was used to accept donations to develop the project, were added to the OFAC SDN List on August 8, 2022. This was the first ever sanction against open source code. OFAC alleged that the mixer was used to launder money. The lawsuit challenges the addition of Tornado Cash to the SDN List because it’s an unprecedented, overbroad action that exceed’s OFAC’s statutory authority and infringes on their constitutional rights and the ability of law-abiding Americans to engage freely and privately in financial transactions. Appreciate Coinbase stepping up to the plate - even though it’s probably in their financial interest to do this, it’s also good for the overall industry.
This sanction could lead to a slippery slope, and the best time to nip it in the bud is with the first.
Full blog here.
31 episodes
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Similar to HODLCast
A podcast about web design and development.
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continue reading
The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
…
continue reading
The Voice of ASWJ Australia. Listen to & Download Our Latest Programs. Topics: Aqeedah (Creed), Tafsir Qur'an, Islamic Fiqh, History, Youth & Community programs, Medical & Health programs and much much more. Podcasts are in Arabic & English.
…
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This is an all inclusive podcast for Australian investors. Join Blue Wealth’s Senior Education Specialist, Owun Taylor in conversation with industry experts, leaders, and thinkers about what it takes to be a clever and more successful investor. A weekly podcast serving up the easiest-to-understand finance program. Delivered in bite-sized chunks, meaning no episode is ever more than 20 minutes.
…
continue reading
Hanselminutes is Fresh Air for Developers. A weekly commute-time podcast that promotes fresh technology and fresh voices. Talk and Tech for Developers, Life-long Learners, and Technologists.
…
continue reading
A weekly talk show taking a pragmatic look at the art and business of Software Development and the world of technology.
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Developer Tea exists to help driven developers connect to their ultimate purpose and excel at their work so that they can positively impact the people they influence. With over 13 million downloads to date, Developer Tea is a short podcast hosted by Jonathan Cutrell (@jcutrell), co-founder of Spec and Director of Engineering at PBS. We hope you'll take the topics from this podcast and continue the conversation, either online or in person with your peers. Twitter: @developertea :: Email: deve ...
…
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