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by tablespoon
1416 days ago
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> Tornado Cash has never been for the "explicit stated purpose of facilitating illegal money laundering" but for being able to remain private about what transactions you make on the blockchain. Isn't that literally what money laundering is? > As long as you file your taxes correctly, it wouldn't be illegal to use services like Tornado Cash. IIRC, money laundering businesses pay their taxes too (e.g. the Breaking Bad car wash pretended the drug profits came from washing cars, and paid taxes those "car washing" profits). |
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If the funds you're shielding via something like Tornado were legitimately earned by you, it's your right to do whatever you want to protect your privacy (as long as you report the proper tax paperwork to the government, otherwise it can turn into tax evasion).
[1] https://en.wikipedia.org/wiki/Money_laundering