03:34 Aug 14, 2022 Tornado Cash DAO Shut Down, Team Member Said
According to CryptoSlate, a member of the Tornado Cash team said that Tornado Cash DAO has been shut down and DAO funds have been returned to Governance contracts with multisig deleted. The member said, "Tornado Cash can't fight against the U.S.", adding that the DAO was shut down in order to keep members safe and avoid legal issues.
Source DAO
DeFi
Policy and Regulation
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
Trump to make crypto a national priority in upcoming executive order: Bloomberg Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Singapore bans Polymarket amid national crackdown on online gambling sites South Korea imposes sanctions on North Korean crypto hackers, IT operatives Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve 1 Day Ago Phantom Wallet raises $150 million at $3 billion valuation
2 Days Ago BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
2 Days Ago Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
4 Days Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
4 Days Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
