Ethereum creator admitted that he transferred cryptocurrency to Ukraine through Tornado Cash service, which was called a threat to the national security of the USA

By: Maksim Panasovskyi | 10.08.2022, 17:41
Ethereum creator admitted that he transferred cryptocurrency to Ukraine through Tornado Cash service, which was called a threat to the national security of the USA

Vitalik Buterin, co-founder of the cryptocurrency Ethereum, admitted that he used the service Tornado Cash.

What we know

Jeff Coleman, co-founder of Counterfactual, wrote on Twitter that mixing services can be very useful in some cases. For example, to transfer funds to Ukraine.

He asked if there are real examples of using Tornado Cash to support Ukraine. In response to the post, Vitalik Buterin wrote that he was transferring cryptocurrency in favor of Ukraine.

According to the founder of Ethereum, he interacted with Tornado Cash to protect recipients. In mid-spring 2022, Vitalik Buterin sent 1,500 ETH ($4.7 million at the exchange rate at the time) to help Ukraine.

Recall that the US Tornado Cash called a national security threat. The Ministry of Finance said that the service was used for money laundering. As a result, assets worth $473 million were blocked.

Source: @VitalikButerin , @technocrypyo