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Will the U.S. ban the U.S. dollar next for all the money laundering? by onwugbenuvictor

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Will the U.S. ban the U.S. dollar next for all the money laundering?
Funny how when it comes to crypto or anything related to crypto the government takes action really fast, recently I read that the United States has placed a ban on [Tornado Cash,](https://www.coindesk.com/tech/2022/07/07/decentralized-mixer-tornado-cash-open-sources-its-user-interface/) a decentralized mixer protocol that enables private transactions on Ethereum. Mixers are smart contracts that accept, pool, and mix cryptocurrency from multiple senders in order to increase privacy by obscuring potential audit trails, I read from three different news platforms that Tornado Cash was accused of money laundering, which means there is no proof that they actually did what they are being accused for, except the three different news platforms are lying or caring fake news.

![Tutorial Youtube Thumbnail Make Money - 2022-08-09T022129.887.png](https://files.peakd.com/file/peakd-hive/onwugbenuvictor/23wzdWKGgVk2BjNMkz55mBBJeNanVgFrb5ebqoNFZPWmmFjxap7FETmEeZHe3pxHtwES4.png)



But if these news platforms are not lying then this ban on Tornado Cash is some double standard sh!t and is unfair because you are allowed to buy cocaine, drugs, and heroin using the U.S dollar even though it is supposed to be illegal and so many criminals have launched a lot of money using U.S dollar, but it should not be through crypto or any form of digital asset especially if you have used Tornado Cash, the famous decentralized crypto-mixing service, which one of its features that I think might be the main reason for this ban and not actually the money laundering part, don't get me wrong am not saying that money laundering is good, but I just have this feeling that the main reason behind the ban might be because it renders crypto tokens untraceable, meaning transaction done through Tornado Cash can not be traced back to anyone.

# The U.S. Treasury Press Release 

“Today, Treasury is sanctioning Tornado Cash, a virtual currency mixer that launders the proceeds of cybercrimes, including those committed against victims in the United States,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals and those [who assist them.”](https://t.co/x8sCXsNzUv)


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