Privacy, human rights, and Tornado Cash

Privacy is described as a bigger concern than crypto crime, with the conviction of Tornado Cash developer Alexey Pertsev cited as an example. Pertsev was sentenced in the Netherlands to 64 months (over five years) for money laundering tied to the mixing service, which is said to have enabled criminals to launder billions of dollars in illicit funds. Holding someone liable for merely writing privacy-protecting code because criminals later used it is called extremely concerning, and a judge's statement that Tornado Cash "suits criminal use" is quoted. The piece also argues that US financial privacy is weak, since cash transactions over $10,000 must be reported.