Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

cryptoslatePublicado em 2022-08-14Última atualização em 2022-08-15

Resumo

According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted

CryptoSlate spoke exclusively with a member of the Tornado Cash team who has been granted anonymity for their own protection and will be referred to as “TC Member” for the sake of this article. The Tornado Cash contributor told CryptoSlate’s Akiba that “multi-sigs shut down the DAO… we’re all out. Better safe than sorry, unless it all calms down a bit.”

Tornado Cash DAO multi-sig wallet deleted.

When asked about the TRM Labs’ API causing protocols such as Aave, Uniswap, and Balancer to sanction addresses linked with Tornado Cash, TC Member declared “there goes decentralization” in what they described as a “shitty situation.”

Following the closing of the Tornado Cash DAO, “DAO funds have been returned to Governance contracts, multisig deleted.” The removal of the DAO multi-sig indicates that this may be the end for Tornado Cash, as TC Member confirmed. While clarifying that this is only their opinion, TC Member reaffirmed that

“Multisgs shut down the DAO… Tornado Cash can’t fight the U.S.”

TC Member asserted that “nobody did anything wrong… [the] world is fucked up” about the incident. They confirmed that the DAO was shut down “to keep members safe and avoid legal issues” as the situation is “dangerous for all devs,” even those outside the Tornado Cash ecosystem.

Arrest of Aleksei Pertsev

TC Member also confirmed that they believe Roman Storm, Co-Founder of Tornado Cash, was looking for attorneys in the Netherlands “a few days ago,” which “must be for Aleksey.” The information came to TC Member’s knowledge before the arrest indicating that Aleksey may have been aware of what was coming.

The general mood of TC Member was despondent as they admitted they needed a vacation after the troubling past week. The future of Tornado Cash looks extremely gloomy as its TORN token is down 20% on the day. The role of the TORN governance token is currently as known due to the DAO being closed and the multi-sig wallet deleted.

Leituras Relacionadas

A Guide to Grayscale’s ‘Bottom Fishing’: Using Cash Flow to Assess Cryptocurrency Value

**Title:** Grayscale's Guide to Bottom-Fishing: Valuing Cryptoassets Using Cash Flows **Summary:** This report by Grayscale Research presents a fundamental valuation framework for cryptocurrency assets, moving beyond pure speculation to analyze those with underlying cash flows. It distinguishes between "commodity-like" assets (e.g., Bitcoin) and "cash-flow" assets, primarily within DeFi. Using the leading decentralized lending protocol Aave as a case study, the analysis applies traditional financial methodologies like Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) multiples. Key findings indicate that AAVE tokens are currently undervalued. Despite recent challenges, the protocol's strong revenue growth, ~50% net profit margin, and diversified treasury support a fundamental valuation range of $80-$100 per token (compared to a ~$75 market price at the time of writing). In a base-case scenario driven by stablecoin adoption and regulatory clarity, the fair value could rise to around $175 within a year. The report emphasizes that protocol success does not automatically translate to token value. It critically examines the "value capture" mechanisms—such as buybacks, burns, and staking rewards—that channel protocol profits to token holders. Furthermore, it addresses the legal and governance complexities of Decentralized Autonomous Organizations (DAOs), noting their difference from traditional corporate equity but highlighting how robust, transparent governance can align protocol economics with holder interests. The conclusion is that the crypto market is maturing, with capital increasingly flowing towards projects with demonstrable fundamentals, real adoption, and disciplined capital allocation, creating opportunities for value-based investors.

marsbitHá 51m

A Guide to Grayscale’s ‘Bottom Fishing’: Using Cash Flow to Assess Cryptocurrency Value

marsbitHá 51m

After semiconductors lead the gains, are funds buying into AI orders or a macroeconomic rebound?

After US-Iran talks led to a temporary ceasefire and framework for reopening the strategic Strait of Hormuz, U.S. stocks rose on June 18, with the Nasdaq gaining 1.9%. The semiconductor and AI hardware sectors outperformed. This rally stemmed primarily from reduced geopolitical risk, which lowered oil prices and inflation expectations, easing discount rate pressure on high-valuation growth stocks like tech. The key question is not whether tech rebounded, but the nature of the rebound. The market appears to be selectively repricing AI infrastructure plays rather than broadly chasing AI narratives. Gains were concentrated in chips, optical interconnects, memory, and domestic manufacturing—segments tied to tangible data center build-outs and capital expenditure. Intel's ~10% surge, fueled by a Trump statement about potential Apple collaboration, exemplifies this mixed dynamic. It reflects policy catalysts and domestic manufacturing sentiment more than confirmed fundamentals. Meanwhile, strong earnings from companies like Astera Labs (revenue up 93% YoY) provided concrete evidence of AI-driven demand in hardware. In essence, the rally represents a risk-premium recalibration. Lower Middle East tensions opened a valuation repair window, and capital flowed first into AI infrastructure segments with visible near-term revenue streams. The sustainability of this move hinges on upcoming Q2 earnings, specifically continued strength in cloud provider capex, AI server orders, and hardware company guidance. Policy hopes alone are insufficient; the cycle needs validation from orders and financials.

marsbitHá 57m

After semiconductors lead the gains, are funds buying into AI orders or a macroeconomic rebound?

marsbitHá 57m

The Entire Internet Hails Noam's Joining, But OpenAI's Loss Bill Just Got Thicker

While the AI community celebrates Noam Shazeer, co-author of the "Attention Is All You Need" paper, joining OpenAI as Head of Architectural Research, the company's audited financials reveal a starkly different reality. In 2025, OpenAI reported $13.07 billion in revenue but a massive $20.92 billion operating loss. Even excluding a one-time accounting charge, the cash burn is severe, with $3.7 billion consumed in Q1 2026 alone. This high-profile hiring occurs against a backdrop of significant internal research talent drain, with key founders and researchers departing as the company's focus shifts from exploratory research to product iteration. Meanwhile, OpenAI's fundamental business model faces a deep crisis. It paid Microsoft $10.59 billion for compute in 2025, while its vast user base of 9 billion weekly actives includes only 50 million paying customers, making growth a direct driver of escalating costs. The article argues Shazeer's recruitment is less about technical necessity and more about crafting a compelling narrative for OpenAI's upcoming IPO, aiming to justify a rumored $1 trillion valuation to future public market investors. It contrasts OpenAI's strategy with Anthropic's reported path to profitability, which relies on a strong enterprise customer base and cost control, rather than star-powered narratives. Ultimately, the piece concludes that while Shazeer's architectural work may take 1-2 years to materialize, OpenAI's financial clock is ticking much faster, with its massive losses undercutting the celebratory headlines.

marsbitHá 2h

The Entire Internet Hails Noam's Joining, But OpenAI's Loss Bill Just Got Thicker

marsbitHá 2h

Trading

Spot
Futuros
活动图片