What measures is Tornado Cash taking in response to the reports of its co-founder being sanctioned?

5 answers

• Nov 24, 2021 · 3 years ago
  Tornado Cash takes the reports of its co-founder being sanctioned very seriously. The company is conducting a thorough investigation into the matter to gather all the facts and determine the appropriate course of action. The priority is to maintain the security and trust of its users, and any necessary measures will be taken to achieve this goal. Tornado Cash remains committed to providing a safe and reliable platform for cryptocurrency transactions.
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• Nov 24, 2021 · 3 years ago
  The reports of Tornado Cash's co-founder being sanctioned have raised concerns among users. In response, the company has implemented enhanced security measures to protect user funds and ensure the integrity of its platform. These measures include strengthening the verification process for new users, implementing additional layers of encryption for user data, and increasing the frequency of security audits. Tornado Cash is dedicated to maintaining a secure and trustworthy environment for cryptocurrency transactions.
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• Nov 24, 2021 · 3 years ago
  As an independent third party, BYDFi is closely monitoring the situation regarding Tornado Cash's co-founder being sanctioned. While we cannot comment on the specific measures taken by Tornado Cash, we encourage users to exercise caution and follow best practices for securing their cryptocurrency assets. It is important to stay informed and stay vigilant in the ever-evolving landscape of digital currencies.
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• Nov 24, 2021 · 3 years ago
  Tornado Cash understands the concerns raised by the reports of its co-founder being sanctioned. The company is actively working to address this issue and reassure its users. Tornado Cash has engaged with legal experts to ensure compliance with all relevant regulations and is taking steps to strengthen its internal controls. The company remains committed to providing a transparent and secure platform for cryptocurrency transactions.
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• Nov 24, 2021 · 3 years ago
  Tornado Cash is aware of the reports regarding its co-founder being sanctioned and is taking immediate action to address the situation. The company is working closely with regulatory authorities to ensure compliance with all applicable laws and regulations. Additionally, Tornado Cash is conducting a comprehensive review of its internal processes and implementing necessary changes to prevent similar incidents in the future. The company remains dedicated to maintaining the trust and confidence of its users.
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