Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe
CryptoSlate speaks exclusively with members of the Tornado Cash team who have been granted anonymity for their own protection and will be referred to in this article as “TC Members”. A Tornado Cash contributor told his Akiba on CryptoSlate: Sorry safe as long as everything is a little faltering.
Tornado Cash DAO multisig wallet has been removed.
When asked about TRM Labs’ API sanctioning addresses linked to Tornado Cash to protocols such as Aave, Uniswap and Balancer, TC members said that “decentralization is We are moving forward,” he declared.
Following the closure of the Tornado Cash DAO, “DAO funds were put back into the governance contract and the multisig was removed.” While clarifying that this is just their opinion, the TC members reaffirmed that:
“Multisgs shut down DAO… Tornado Cash cannot fight US”
A TC member said, “Nobody did anything wrong… [the] About the incident “The world is a mess”. They confirmed that the DAO was closed “to keep members safe and avoid legal issues” because the situation was “dangerous for all developers.”
A 6 degree tornado cache is a thing. Even crazier, only 0.03% of addresses received ETH from Tornado Cash, while nearly half of the entire ETH network is just two hops away from Tornado Cash receivers. pic.twitter.com/LDU9g0r7tQ
— ElBarto_Crypto (@ElBarto_Crypto) August 13, 2022
Arrest of Alexei Pertsev
TC members also confirmed that they believe Tornado Cash co-founder Roman Storm was looking for a lawyer in the Netherlands “a few days ago.” This information indicates that prior to his arrest, his members of TC knew, and that Alexy may have been aware of what was to come.
The general mood of the TC members was low as they admitted to needing time off after last week’s troubling issues. The future of Tornado Cash looks very bleak as his TORN token fell 20% on that day. Now that DAO has been shut down and multisig wallets removed, the role of the TORN governance token is known.
