Boerlage said records of internal conversations show Pertsev, Semenov and Storm ran Tornado like a business, discussing management and operational decisions, and that they could, in practice, outvote other holders of the protocol’s TORN tokens. In particular, she said, they could have chosen to impose better laundering checks but doing so would have driven away too many clients.
Related posts
-
Bitcoin Next Big Move? Key Metric Reveals When to Cash In Profits
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is... -
Stanford Blockchain Club Challenges DOJ’s Tornado Cash Case
The Stanford Blockchain Club, a prominent group at Stanford... -
KULR Technology plans to allocate 90% of surplus cash to Bitcoin
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12...