[nibbleshifter]

Using Tornado was pretty common among well known/higher profile people in the space to avoid causing inadvertent market effects or leak info about upcoming projects.

Basically if you were high profile enough, people would watch your wallets to see what you were investing in/transacting with, and use that as market intelligence.

As far back as 2016 or so I recall someone specifically offering their blockchain analysis platform as a way to do this.

So you would use tornado to make the money you planned to invest/use appear "somewhere else" disconnected, to maintain privacy/security of a project.

Tornado and mixers and such become necessary specifically because all transactions are public - unlike in tradfi where transactions are opaque except to parties and intermediaries.

Similarly to how investors in tradfi tend to keep their investment strategies secret where possible.

[benmanns]

Also, if you want to be able to create legitimate projects that are not tied to your real-world identity, you need a break between bank -> exchange -> address -> ??? -> contract deployment address.