At a fireside chat on Thursday Ethereum founder Vitalik Buterin completely ignored a question asking whether he was interested in the possible existence of a physical ETH exchange-traded fund (ETF). Approved in America. But he weighed in on the second question about privacy, especially in relation to the recent sentencing of Ethereum protocol developers.
The cryptocurrency representative said: tornado cache Developer Alexey Pertsev Sentenced to 64 months in prison It was “really unfortunate,” he said, and he continued to support privacy-focused encryption tools, encouraging people to develop “next-generation” solutions.
“The Alexei incident is truly unfortunate,” Buterin said. DappCon in Berlin. “I think a lot of people are making the assumption (…) that just making software is okay and it’s a completely legal and legal way to fight for privacy.”
But in this particular case, that assumption did not conform to the rule of law. A Dutch court found the developer guilty of money laundering due to the use of software he coded. And this is especially worrying for Tornado Cash co-founder Roman Storm. Awaiting trial in the US He was indicted on similar money laundering charges.
Tornado Cash and other cryptocurrency mixers are ambiguous about where the funds are sent. Although privacy advocates emphasize that privacy is important to everyday people, our use of this information has come under significant regulatory scrutiny. Criminal groups seeking to launder illegal funds, such as hacker organizations sponsored by the North Korean government Lazarus Group.
Accordingly, the Treasury Department’s Office of Foreign Assets Control (OFAC) It banned Americans from using the platform. In 2022, developers were accused of participating in the development of autonomous protocols.
“It’s really, really sad. I hope Roman’s trial in the United States will bring some positive clarity on this.” Buterin spoke before applauding the industry’s continued efforts to maintain privacy protections.
“Privacy is important,” he said. “I think there is a willingness in the ecosystem to rally around things like: railgun And next-generation approaches similar to 0xbow demonstrate the sincerity of those who want to provide privacy protection to ordinary people, not the Kremlin or anyone else.”
Buterin used to be Request privacy options Generate a zero-knowledge proof to verify that the user is not using a criminal address. They say that privacy pooland betc railgun and 0xBow Take advantage of this system.
“I really support people who do that,” Buterin explained. “I hope it moves in a good direction within the ecosystem. And, you know, I hope the government sees the value of this.”
Editor: Andrew Hayward
daily report newsletter
Start your day today with top news stories, original features, podcasts, videos and more.
