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
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN 'He signs whatever I say': LIBRA token 'facilitator' Hayden Davis claims he paid Argentine Pres. Milei's sister for influence: report TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
