Tornado Cash DAO Falls Without Explanation After Treasury Funds Vote

Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or people connected to the mixer following to the American attack. sanctions.

The Tornado Cash DAO was taken offline after many social media users reported that the community was discussing ways to challenge the sanctions recently imposed by the United States Department of Treasury's Office of Foreign Assets Control .

At press time, the Tornado Cash DAO was apparently offline following a discussion in which community members voted unanimously to add its governance layer as a signer of the its treasury's multisig portfolio, which manages $21.6 million. It's unclear what was responsible for the demise of the Decentralized Autonomous Organization (DAO), but it follows a series of actions taken by different authorities and private entities following US sanctions announced on Monday against the controversial mixer. .

Over the past four days, Circle froze more than $75,000 in funds from addresses listed by Treasury officials, dYdX said it froze some users' accounts with funds related to Tornado Cash, Alchemy, and Infura. io blocked remote procedure call requests to the crypto mixer. On Friday, authorities responsible for policing financial crimes in the Netherlands also announced the arrest of...