Crypto News

GitHub Reverts Tornado Cash Ban, But There’s a Catch

The US Office of Foreign Assets Control (OFAC) last month listed popular crypto tumbler Tornado Cash as an entity on its Specially Designated Nationals (SDN) which prompted an outcry from advocates of privacy and freedom of expression. Subsequently, Microsoft-owned GitHub removed its source code and terminated the user accounts of three people who contributed code to the project.

In a recent turn of events, the platform has lifted the ban on coin mixers and contributors on the platform. However, noting that the repos are currently in “read-only” mode, Ethereum Developer Preston Van Loon tweeted that the hosting service has yet to undo all actions and restore the repositories to their previous state.

Loon believes the move is still “a step forward from an outright ban.”

Clarification on how to interact with Tornado Cash

Tornado Cash’s return to GitHub follows a clarification guide problematic by the United States Department of Treasury earlier this month that merely “interacting” with ит’s open-source code with certain provisions would not violate sanctions imposed by OFAC.

“US citizens would not be prohibited by the US sanctions legislation from copying and making available online for others to view the open source code, or from discussing, teaching about, or including in written publications any open source code .

Nor would U.S. persons be prohibited by U.S. sanctions rules from visiting the internet archives of Tornado Cash’s historical website, nor would they be prohibited from visiting Tornado Cash’s website once it becomes online again.”

The Interaction should not involve a Prohibited Transaction according to the Guidelines. Individuals who initiate transactions using the mixer before sanctions are imposed on August 8 can apply for an OFAC license to execute the transaction or make a withdrawal.

The unofficial archive of Tornado Cash

Apart from the partial restoration was an unofficial archive of the code from Tornado Cash released on GitHub by Matthew Green, a cryptography professor at Johns Hopkins University, in August with support from the Electronic Frontier Foundation (EFF). The researcher condemned the hosting site’s earlier move and, along with his EFF colleague Kurt Opsahl, said they would challenge the decision in court if the code were disabled again.

With the fate of Tornado Cash still hanging in the balance, the crackdown managed to garner significant industry support. Coinbase, on the one hand, uncovered Settling the bill for a lawsuit filed by six people in the country against the Treasury Department.

The exchange, in one NoticeExplained that instead of taking action against the bad actors or the properties they control, OFAC sanctioned an open-source technology, “a tool used legitimately by many innocent people, albeit some bad actors “.

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Source: Crypto News Deutsch

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