Coinbase CEO Comments on Tornado Cash Sanction: Technology Should Not Be Sanctioned

Aug 15,2022
KingData News: Coinbase CEO Brian Armstrong commented on the Tornado Cash sanction in a tweet: "Sanctioning a technology (as opposed to an individual or entity) seems like a bad precedent to me, and it should probably be challenged. Could have many downstream unintended consequences. OHopefully obvious point: we will always follow the law."
Recently, the U.S. Treasury Department placed Tornado Cash on its sanctions list, which prohibits U.S. citizens from using. This indicator provides market updates on Tornado Cash sanctions.
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