| > I take issue with the claim that tornado can “effectively launder money for criminals.” All it can do is leave you with an asset with a less-than-clear on chain history. If you want to cash out, you still have to explain how you wound up with 100 ETH or whatever. ehhhhhhhh. you can play with asset prices and valuations to fix this. you have a little clean money savings from your job right? okay, great, with a little bit of dirty/flaggable money in a different address, launch an erc20 token and liquidity pool, add 100% of the erc20 to the liquidity pool. now with your clean money, be an early buyer. now with MORE of your dirty/flaggable money (other tornado cash notes withdrawn to different virgin addresses via the relayer), buy into the liquidity pool. this pumps the price of the token. now with your clean money, sell. cash out, pay capital gains tax, move on. indistinguishable from any other crypto trader. bots and many others would have bought into the liquidity pool too as they have alerts. everyone else can play amongst themselves in perpetuity, and it can't go below the initial price that you set when you launched the pool (in Uniswap V2 style liquidity pools, and just if you want to feel better about it). hey, maybe if it keeps running then your tornado cash funded addresses might be able to sell back into the liquidity pool again. |