Tornado Cash DAO Launches Proposal to Counter US Treasury Sanctions

Tornado DAO members are currently discussing ways the community can challenge the recent sanctions imposed on Tornado Cash by the US Treasury. This comes as one Tornado Cash developer was arrested today in Amsterdam. Tornado DAO is the decentralized autonomous organization that governs the protocol’s treasury. It has over 9,000 members according to data from DeepDAO but only 163 members are active participants in its governance activities according to SnapShot data. One of these active participants introduced a proposal titled “Saving Tornado Cash: Formally Challenging the US Treasury's Sanctions.” The proposer advised the DAO to raise funds on behalf of Tornado Cash and hire a legal team to fight the sanctions. The proposal also called on the DAO to mount a legal challenge up to the US Supreme Court if necessary.