Kraken CEO Jesse Powell Slams Tornado Cash Sanctions
Powell joined the chorus of voices calling the Tornado ban “unconstitutional,” adding that it was a “knee-jerk” response to Terra’s collapse.
Aug 17, 2022Aug 17, 20222 min readKraken CEO Jesse Powell. Photo: Decrypt/Jeff John Roberts
Total amount of laundered funds on Tornado Cash. Source: Elliptic.
The sanctions discussions came to a head Last Friday when Dutch police arrested a “suspected [Tornado] developer” in Amsterdam.