Earlier quoted context omitted.
I thought standard procedure here is you pay a fine that is a fraction of your revenue, not jail time. Like here: https://www.investopedia.com/stock-analysis/2013/investing-n...
If they did this closed source he probably wouldn't get jailed, and instead the company would have gotten fined. But open source makes things easy to trace so you just jail the person who wrote the code.
Arrest of suspected developer of Tornado Cash
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Re: Arrest of suspected developer of Tornado Cash
#92Wow, just wow. Am i alone in thinking this is not going to fly if all he did was write some software that helps with your financial anonymity? There must be more. Perhaps he also deployed it? That would be a different story. The article is quite murky in that regard. Perhaps they don't know yet. In there is an interesting paragraph explaining what Tornado Cash is: … The ( criminal ) origin of the cryptocurrencies is…
Re: Arrest of suspected developer of Tornado Cash
#93Wow, just wow. Am i alone in thinking this is not going to fly if all he did was write some software that helps with your financial anonymity? There must be more. Perhaps he also deployed it? That would be a different story. The article is quite murky in that regard. Perhaps they don't know yet. In there is an interesting paragraph explaining what Tornado Cash is: … The ( criminal ) origin of the cryptocurrencies is…
Does that really make a difference? I’d not worry about writing anything and putting it online saying “this can be used for evil so don’t do that”. But if I was approached by a criminal who asked me to write code for their criminal activity and I did so knowingly, then I’d expect legal consequences, possibly even if my code was never deployed at all.
The difference must be in whether or not there was a conspiracy to commit crimes or if there wasn’t?
In this case I don’t know whether this was purely open and no such contact between user and developer existed. But in principle I’d expect writing (almost) anything in the open to be safe.
Re: Arrest of suspected developer of Tornado Cash
#94Ah yes, arrest developers of open source privacy code and blame them for North Korea money laundering rather than going after the people actually committing crimes. Sounds about right. Privacy is not a crime, it’s a human right! Sorry that it makes the polices job harder, but our rights are more important. And didn’t we go through all this already in the 90s? Are we now gonna start arresting all cryptographers? This…
Re: Arrest of suspected developer of Tornado Cash
#95Wow, just wow. Am i alone in thinking this is not going to fly if all he did was write some software that helps with your financial anonymity? There must be more. Perhaps he also deployed it? That would be a different story. The article is quite murky in that regard. Perhaps they don't know yet. In there is an interesting paragraph explaining what Tornado Cash is: … The ( criminal ) origin of the cryptocurrencies is…
Re: Arrest of suspected developer of Tornado Cash
#96Ah yes, arrest developers of open source privacy code and blame them for North Korea money laundering rather than going after the people actually committing crimes. Sounds about right. Privacy is not a crime, it’s a human right! Sorry that it makes the polices job harder, but our rights are more important. And didn’t we go through all this already in the 90s? Are we now gonna start arresting all cryptographers? This…
> rather than going after the people actually committing crimes Actually they go after the people committing the crime AND those facilitating it. > Privacy is not a crime, it’s a human right (a) Not a human right, (b) not enshrined in any country's law, (c) does not absolve illegal behaviour.
But only if it is in their interest. We don't see other services and platforms sanctioned for facilitating illegal activity. Furthermore, the Data Protection Directive does give users the (human!) right to privacy, considering that crypto isn't a currency, it's merely your private data which is also protected by GDPR.
Re: Arrest of suspected developer of Tornado Cash
#97Ah yes, arrest developers of open source privacy code and blame them for North Korea money laundering rather than going after the people actually committing crimes. Sounds about right. Privacy is not a crime, it’s a human right! Sorry that it makes the polices job harder, but our rights are more important. And didn’t we go through all this already in the 90s? Are we now gonna start arresting all cryptographers? This…
Helping criminals launder money is not a human right.
Re: Arrest of suspected developer of Tornado Cash
#98Ah yes, arrest developers of open source privacy code and blame them for North Korea money laundering rather than going after the people actually committing crimes. Sounds about right. Privacy is not a crime, it’s a human right! Sorry that it makes the polices job harder, but our rights are more important. And didn’t we go through all this already in the 90s? Are we now gonna start arresting all cryptographers? This…
Financial privacy is not a human right. Moreover the kind of financial privacy you think of is from other citizens to not know your financial movements, it doesn't apply to nation states for obvious tax reasons and money laundering purposes.
There's a point at which if you undermine law enforcement enough there's no point in continuing to try to enforce laws, which means there's no point in having laws at all. The hype mob either doesn't see this or doesn't care, which is incredibly naive either way.
Re: Arrest of suspected developer of Tornado Cash
#99Earlier quoted context omitted.
If they did this closed source he probably wouldn't get jailed, and instead the company would have gotten fined. But open source makes things easy to trace so you just jail the person who wrote the code.
I assure you it's even easier to find the CEO of a major bank.
Re: Arrest of suspected developer of Tornado Cash
#100Wow, just wow. Am i alone in thinking this is not going to fly if all he did was write some software that helps with your financial anonymity? There must be more. Perhaps he also deployed it? That would be a different story. The article is quite murky in that regard. Perhaps they don't know yet. In there is an interesting paragraph explaining what Tornado Cash is: … The ( criminal ) origin of the cryptocurrencies is…
Anonymous cash transactions in the Netherlands over €10,000 are already illegal ( https://www.amlc.eu/cash-limit/ ). The government intends to ban cash transactions over €3,000.