I don’t want to ignore it. Im just unsure here, if it’s a service that is open to anyone and he couldn’t know who uses it, then to me it’s not participating actively. If he actually knew, then it’s another story. If he knew profits are stolen he should’ve never used them and actually inform law enforcement about it. Im just asking myself what a service that is truly private could do in a situation like this(tornado cash probably wasn’t), when they actually couldnt know about their service being abused, but it would still count as helping in crimes. Because then the problem arises that it would become mandatory to not allow full privacy for customers, when offering services.
first of all.. come to the realisation of the real world.
lets say murder is a crime in the real world.. correct?
but then someone makes a system where it says if you stand on a yellow brick/paving slab then you are using the yellow brick system. and over years people paint paving bricks yellow so they can be part of some system.. that does something else..
this then does not mean that when they are standing on a yellow brick, real world crimes/laws are no longer valid.
the delusion that people can just stand on a yellow brick and then shoot someone in the real world and think they are immune from prosecution because yellow brick system said rules dont allow prosecutions in yellow brick system,
the real world still exists. this is why even before bitcoin/eth was a currency. people doing drugs and murder for hire were getting caught..
however financial crimes are different to murder. and do have limits and jurisdictions and loopholes
now lets say years ago the government treated ethereum(yellow brick) as just a pokemon card or pokemon go hotspot. (not literally pokemon.. im just saying a collectable thats not treated as a currency)
where people trade something not deemed as currency.. thus government didnt care much for treating these trading spots as currency businesses but instead as playing card swap shops.(not literally 'trading card' but analogously as product)
then in recent years they realised that these trading spots were trading real value, and so defined ethereum(yellowbrick) as a currency system. where by now the banking laws apply to businesses on yellow bricks
meaning those businesses have to follow currency laws. including watching out for things on the watchlists of currency regulators.
if you check the FAFT regulations. even just the glossary. it defines many financial service businesses as a form of VASP, and yea mixers do trades/swaps of currencies on behalf of others for a fee..
VASP are not just exchanges but financial businesses (business offering a service for a fee) that do transfers on behalf of other users/customers(not verbatim so do research)
https://www.fatf-gafi.org/glossary/u-z/and no this does not mean developers that just release coded software
and no this is not miners, nor node users
so by cryptocurrencies now deemed as currencies under government acknowledgement. its no longer the realms of just trading a product/asset of pre 2014
...
yea although many people enjoy the blessings of being deemed a legal currency gave hem extra notority of mainstreaming when being deemed currency.. but with great power comes great responsibility.. where by it also comes with jurisdictional control over businesses that operate in currency. meaning more rules
you ant knit pick one and then ignore the other.
hense why i have been saying dont rely on the rules of currency protections(privacy under the bank secrecy act)
and try to make things as "property rights" like the realms of collectables outside the currency jurisdiction
like how governments treat NFT not as a currency but a product and how NFT platforms are not regulated the same as currency exchanges..
.. do you get the hints, yep i gave you another spoon-feed, hope you can swallow this one and take it in and digest it
(i cant even believe after weeks no one thought to do research and take the hints and came to the idea themselves to say "do you mean property like NFT" by now)
..
note.. think even deeper, use your brain and actually think.. inspire yourself about a tool thats even a few steps ahead of NFT to escape the jurisdiction of currency rules
its not a case of "he is just a bitcoin coder so all bitcoin coders should now be afraid.
Who ever said this? Also tornado cash is developed on ethereum i think. That people get alert in a case like this is just obvious, especially when there’s so much room for speculation and only little confirmed information yet.
...
To me it seems like this case could set a precedence tho, so it’s not just about him.
read all the people in this topic and anyone talking about tornado cash in relation to their views point it at a conspiracy that has/could/did/will (any tense ) that may cause a [insert any synonym of coder/dev/software creator] may be at risk on [insert any cryptocurrency]
..
yea dont go playing games that you or others are saying "but we never verbatim said X" even if the FUD conspiracy whisper tries to cause fear to those even in X
like you.. "set a precedence"
the case is clear its clear what its about.. the financial profits/gains(proceeds of crime/aiding and abetting) ..
by ignoring that part.. is where the speculation begins where silly people then set new narratives to put fear ans scare and stories of trying to cause fear.. by trying too hard to ignore what the crime was. to then pretend it was something else.. just to then set a narrative
.
so here goes one last time (not verbatim .. SO DO YOUR OWN RESEARCH)
if you operate a business that offers a
financial service of you managing the
transfers of funds for a
commission(fee) you receive, your a vasp. and should be licenced/regulated (which is why you see some mixers now doing blacklisting and kyx)
if you are a customer of above you may be KYCed
if you operate a business that offers a financial service of you managing the transfers of funds for a commission you receive,where that money is involved in potential crime or doing suspicious activity.. or suspicion because you have not become a MSB.... you get on a watch list(the vasps that dont follow or have weak KYC/CDD)
if you are a customer of above you get on a watch list if that service is not complying with regulations or your activities as show to be linked to things like mixers
if you operate a business that offers a financial service of you managing the transfers of funds for a commission you receive, where that money is involved in actual crime.. you get into trouble
