Tornado Cash: The Piece Of Code That Sparked A Worldwide Battle For Privacy And Freedom Of Speech

Tornado Cash: The Piece Of Code That Sparked A Worldwide Battle For Privacy And Freedom Of Speech

The biggest crypto story of the last week was the US Department of Treasury’s decision to sanction cryptocurrency mixer Tornado Cash. Why did it happen? What does it mean for freedom of speech? What are the implications to ordinary Americans who were using Tornado Cash? What does it have to do with Putin and North Korea? I discussed all of this and more with subject matter experts: Michael Fasanello, a compliance officer, and Seth Hertlein, global head of policy at Ledger. Read Seth’s Twitter thread on Tornado Cash: https://mobile.twitter.com/SethHertlein/status/1557442355678117889 JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen THANK YOU TO OUR SPONSOR ►► Have you ever had your exchange go completely offline during days of high volatility? Of course you have. We've all been through it. Those days are no longer with Bullish. Bullish is a new breed of digital asset exchange that empowers users to trade with deep and predictable liquidity across highly variable market conditions. They also have incredible automated market-making and industry-leading security. I can't get enough of this platform and it's fully regulated. Sign up here https://thewolfofallstreets.info/bullish/youtube Bullish is licensed by the Gibraltar Financial Services Commission. Virtual assets and related products are high risk. Consult your investment advisor and trade responsibly. Bullish is available in select locations only and not to U.S persons. Visit bullish.com/legal for important information and risk warnings. Timestamps: 1:32 Tornado Cash story 2:10 Sea turtle attack 2:55 Meet the guests: Seth Hertlein & Michael Fasanello 3:30 Sanctioning a piece of code 6:20 Illicit transactions with Tornado Cash 8:05 Cash should be banned! 10:20 Tornado Cash developer arrested 12:20 Multi billion fines for violating OFAC 13:10 Violation of free speech 15:50 The timing of Tornado Cash sanctions 20:45 Putin and North Korea 22:10 The role of politics in Tornado case 23:40 The consequences of the sanctions Follow Scott Melker: Twitter: https://twitter.com/scottmelker Facebook: https://www.facebook.com/wolfofallstreets Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c

Episoder(1597)

Bitcoin & Saylor Take On JPMorgan! What This Actually Means...

Bitcoin & Saylor Take On JPMorgan! What This Actually Means...

Banks are now sitting on more than $300 billion in unrealized losses, raising fresh concerns about balance-sheet stability just as another major economic data release was suddenly canceled, adding fuel to fears that policymakers may be hiding deeper cracks in the system. Liquidity stress is building, bond portfolios are bleeding, and confidence in the traditional banking sector is sliding fast. With warning signs flashing across the economy, Bitcoin is showing unusual hesitancy—hovering quietly as markets brace for what could be a much larger shock. Is Bitcoin signaling trouble ahead… or preparing for a major macro breakout as the banking system strains under mounting pressure?

25 Nov 54min

Bitcoin BOTTOM In As Rate-Cut Odds Soar? Here's What's Next...

Bitcoin BOTTOM In As Rate-Cut Odds Soar? Here's What's Next...

Bitcoin may be forming a bottom as markets bet on a December Fed rate cut, even after a $1 trillion crypto wipeout and Bitcoin’s worst month since 2022. Whales are accumulating, stocks are rallying, and rate-cut odds are surging—but the market is still on edge as MicroStrategy faces delisting warnings, JPMorgan is accused of blocking Bitcoin transfers, and crypto treasury firms feel pressure from rising ETF competition. Here’s what today’s headlines mean for Bitcoin’s next move.

24 Nov 1h

“Why This Bitcoin Crash Is Actually Bullish” | Anthony Scaramucci

“Why This Bitcoin Crash Is Actually Bullish” | Anthony Scaramucci

Bitcoin has surged 5x since 2023... but according to Anthony Scaramucci, the real bull market hasn’t even begun. In this in-depth interview, we break down why the recent selloff could be setting the stage for Bitcoin’s next major rally, how institutional adoption and ETF flows are changing the game, and why the altcoin market is facing a brutal reset. Scaramucci shares his $150K Bitcoin outlook, explains how Gensler accidentally saved crypto, and reveals which assets could dominate the next cycle.

23 Nov 53min

Bitcoin PANIC At $80K Amid Mass Market Sell Off! Where's the Bottom?

Bitcoin PANIC At $80K Amid Mass Market Sell Off! Where's the Bottom?

Bitcoin’s price crash continues to dominate markets as the crypto sector wipes out more than $1 trillion in value, Bitcoin heads for its worst month since the 2022 collapse, and ETF outflows. Whales are quietly accumulating while retail panic grows, MicroStrategy faces index-delisting risk, and sovereign players like Abu Dhabi are taking heavy hits after ramping up BTC exposure near the highs.

21 Nov 31min

$1 TRILLION In Bitcoin & Crypto Lost As Bear Market Fears Mount!

$1 TRILLION In Bitcoin & Crypto Lost As Bear Market Fears Mount!

The crypto market has now erased more than $1 trillion in value as Bitcoin plunges into bear-market territory, ETFs see record outflows, and global risk sentiment continues to deteriorate. Bitcoin’s drop into the high-$80Ks has sparked fears of a deeper unwind, while whales quietly accumulate and regulators shift their stance on digital assets. At the same time, Nvidia’s blockbuster earnings are clashing with growing AI-bubble warnings, Japan’s bond shock is threatening a massive yen carry-trade unwind, and macro volatility is rising everywhere from equities to FX. In today’s video, we break down whether this relief bounce is real—or just a classic dead-cat setup as the market faces its most dangerous moment in years.

20 Nov 36min

BlackRock Outflows Explode! Is Crypto About to Crack? #CryptoTownHall

BlackRock Outflows Explode! Is Crypto About to Crack? #CryptoTownHall

This Crypto Town Hall session dives deep into the state of the crypto market, regulatory developments, and technological innovation on the Bitcoin blockchain. The hosts and guests discuss current market conditions, the persistent impact of single points of failure like Cloudflare, and a comprehensive review of crypto regulation, with clarity on token taxonomy and the evolving legal landscape. The conversation also features an in-depth segment with guest Iago on Bitcoin OS, a new project bringing programmability and scalability to Bitcoin without changing the main chain. The discussion highlights the ongoing debate on the Bitcoin four-year cycle and its potential breakdown, market sentiment, and the growing role of institutions in the crypto space.

19 Nov 1h 16min

Bitcoin Holds $90K While Global Markets Remain On Edge! Dead Cat Bounce Or Reversal?

Bitcoin Holds $90K While Global Markets Remain On Edge! Dead Cat Bounce Or Reversal?

Bitcoin is bouncing after a brutal week of liquidations, ETF outflows, and panic across global markets but the macro picture is anything but stable. Stock futures are slipping, AI-bubble fears are spreading, Japan’s bond market shock is triggering a massive yen carry-trade unwind, and risk assets worldwide remain under heavy pressure. Bitcoin dropping into bear-market territory and ETFs seeing record $3B outflows has traders questioning whether this rebound is a true reversal or just a dead-cat bounce before more downside. In today’s show, we break down the latest data, the contagion risks, and whether Bitcoin can hold the line as global markets flash warning signs.

19 Nov 43min

Bitcoin Dumps Below $90K As Market Sell Off Continues! Where's The Bottom?

Bitcoin Dumps Below $90K As Market Sell Off Continues! Where's The Bottom?

Bitcoin is crashing back into bear-market territory, erasing all of 2025’s gains as more than $1.1B in liquidations, massive outflows from digital-asset funds, and deepening global fear grip the markets. Stocks are sliding worldwide, AI-bubble warnings are growing louder, Barclays says risk sentiment is overheating, and Japan’s tightening bond market is adding fresh macro pressure.

18 Nov 1h 4min

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