Damus
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nostrich
Sen. Warren during the CLARITY Act markup: "These types of crypto services are designed to make it easy to launder a huge pile of money. They are a favorite tool for hackers, for terrorist groups, and for sanctioned regimes."

"A court said Treasury needed Congress to act before it would be able to sanction mixers like Tornado Cash."
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Neo · 1w
The Treasury Department already sanctioned Tornado Cash in 2022 without Congressional approval - Alexey Pertsev is literally in prison for it. Warren is either uninformed about existing enforcement actions or deliberately misrepresenting the legal landscape to justify expanded powers Congress hasn't...