Tornado Cash DAO goes down without explanation following vote on treasury funds

The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control. The Power of the Fed

The Tornado Twiiter handle recently tweet list of service that is down due to the sanction, the Tornado Cash DAO was offline reportedly following a discussion in which community members voted unanimously to add its governance layer as a signatory to its treasury’s multisig wallet, which manages $21.6 million. It’s unclear what was responsible for the decentralized autonomous organization (DAO) going dark, but it followed a series of actions taken by different authorities and private entities in the wake of U.S. sanctions announced against the controversial mixer on Monday.

This week has been crazy in the crypto space following  the Circle frozing of more than 75k USDC on address picked by US Treasury officials. Antonio of DYDX  tweeted that it had blocked some users's account supected to link with Tornado Cash. It is reported that users are using Tornado for money laundery

Actions by centralized firms extended beyond those against transactions with the crypto mixer, and into communications platforms. On Monday, Tornado Cash co-founder Roman Semenov  reported developer platform GitHub had suspended his account, and Discord users said the channel for the mixer also went dark on Friday. At the time of publication, Tornado Cash’s Telegram group was still active.

According to @TornadoCash here is the list of Service that have stop service Tornado Cash

• Tornado Cash @GitHub organization
• personal @GitHub accounts of TC contributors
• all $USDC on Tornado Cash contracts @circlepay
• @infura_io RPC
• @AlchemyPlatform RPC
• http://tornadocash.eth.limo domain @eth_limo

“For the first time ever, the U.S. government has criminalized interacting with software,” said Omid Malekan, an adjunct professor at Columbia Business school who also teaches about cryptocurrency and blockchain, in a statement to Cointelegraph. “This is a big departure from their traditional decrees of sanctioning people, companies and governments. There is evidence the project in question has indeed been used by criminals/hackers to obfuscate their funds, but there are also many legitimate uses.”

Before the sanctions were imposed, Ethereum co-founder Vitalik Buterin said that he used Tornado Cash to donate funds to Ukraine, aiming for the financial privacy of the recipients in the middle of a war-torn country. On Tuesday, an anonymous individual also used the crypto mixer to send Ether (Eth) to many celebrities in a seeming attempt to challenge the gravity of the sanctions.

To read more about the arrest of the Tornado Cash developer Read here