on the OFAC Tornado Cash SDN listing
summary
OFAC puts Tornado Cash on the SDN list by naming the tornado.cash URL and 45 ethereum smart contract addresses, treating protocol contracts as blocked property. The listed contracts are largely non‑custodial: funds are controlled by on‑chain code, many operators’ powers appear burned, not by private keys. That raises strict liability exposure for any US person transacting with those addresses, creates First Amendment and due‑process challenges, and forces questions about miners, GitHub removals, and whether sanctioning open‑source blockchain software is legally or technically coherent.
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chapters (12)
- 0:00Intro
- 0:40What is OFAC
- 1:50Who has to do OFAC compliance
- 3:17Tornado Cash SDN listing
- 10:00Smart contracts
- 12:16Privacy is normal
- 19:02Defending peoples civil liberties
- 19:25Should the Zcash community be worried
- 20:23Sea change or deliberate change in approach
- 24:22Blockchain explorers
- 27:20Education efforts
- 28:41What can Coin Center do
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