Earlier quoted context omitted.
What do you think the purpose of this code is? There are people operating on blockchains in which transaction parameters are a matter of public record who: 1. May not want individual amounts and recipients to be publicly inspectable. 2. And are not criminals. It may not be a right, but Tornado Cash is absolutely a tool to increase privacy. It is not solely for criminals to liquidate blockchain assets.
Even if there is people who want that, that doesn't justify it. Privacy has limits, and there is some really bad people using crypto to transfer assets. Banks are required to report suspicious transactions, so working around banking laws by using crypto is clearly breaking the spirit of those regulations. If an individual wants privacy, there is a more standing if they do it themselves, but when a third party gets in…
>Now if you don't think banks should be required to report suspicious transactions, get that law changed. But circumventing the law with crypto isn't the solution.
The issue is due to FATCA as a US citizen I have no exit valve to simply leave and seek residence elsewhere because leaving the country still makes me a US person reportable to IRS by worldwide banks (and in fact also by legal self reporting requirements) and the US charges a oft prohibitive multi-thousand dollar exit tax renounce. If we're going to put these kind of imposition on people we should at least streamline renouncing and make the payment to leave the gang something almost as cheap as the walk to Mexico.