{"id":483503,"date":"2022-08-11T20:42:16","date_gmt":"2022-08-11T17:42:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dydx-confirms-blocking-and-unblocking-some-accounts-linked-to-tornado-cash\/"},"modified":"2022-08-11T20:42:16","modified_gmt":"2022-08-11T17:42:16","slug":"dydx-confirms-blocking-and-unblocking-some-accounts-linked-to-tornado-cash","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dydx-confirms-blocking-and-unblocking-some-accounts-linked-to-tornado-cash\/","title":{"rendered":"# dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3d50911dc59\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3d50911dc59\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dydx-confirms-blocking-and-unblocking-some-accounts-linked-to-tornado-cash\/#%E2%80%9D_dYdX_confirms_blocking_and_unblocking_some_accounts_linked_to_Tornado_Cash_%E2%80%9C\" >&#8221; dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_dYdX_confirms_blocking_and_unblocking_some_accounts_linked_to_Tornado_Cash_%E2%80%9C\"><\/span>&#8221; dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMTc0NDYwODktZWNlNS00ZGM4LTgzNGEtYWM4Mjc3YzM4Zjk0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Cryptocurrency derivatives trading platform dYdX said it blocked some users\u2019 accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer.<\/p>\n<p>In a Wednesday blog post, dYdX <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dydx.exchange\/blog\/tornado-outage\">said<\/a> it had \u201cunbanned certain accounts\u201d that the derivatives platform had blocked in response to the Office of Foreign Assets Control of the United States Treasury Department adding Tornado Cash to its list of Specially Designated Nationals, or SDNs. According to dYdX, its compliance provider flagged many accounts believed to be linked to Tornado Cash, which the platform subsequently blocked \u2014 despite the fact some had never dealt with the crypto mixer. The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries.<\/p>\n<p>\u201cThis sudden influx of flags affected many account holders that never directly engaged with Tornado Cash, and often such users do not realize the origin of the funds transferred to them during various transactions prior to interacting with our platform, but we must nevertheless maintain certain restrictions,\u201d said dYdX.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We were recently made aware of an issue related to Tornado that was causing many wallet addresses to be blocked from accessing our exchange. We have rectified this and you can read the full announcement here: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/h9TDZE1rne\">https:\/\/t.co\/h9TDZE1rne<\/a><\/p>\n<p>\u2014 dYdX (@dYdX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/dYdX\/status\/1557483063231164416?ref_src=twsrc%5Etfw\">August 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAccording to dYdX, banning the users did not amount to seizing funds, which they said would always be available for withdrawals. However, the platform can place accounts in \u201cclose-only mode.\u201d<\/p>\n<p>Many crypto trading platforms have blocked access to Tornado Cash following the U.S. Treasury adding the controversial mixer to its sanctions list on Aug. 8. As an SDN, \u201cU.S. persons are <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly prohibited from dealing with them,\u201d and firms and individuals listed have their assets blocked \u2014 this would include 44 USD Coin (USDC) and Ether (ETH) addresses connected to Tornado Cash.<\/p>\n<p>Following the sanctions announcement, stablecoin issuer Circle froze more than 75,000 USDC worth of funds on addresses listed by Treasury officials. However, actions against individuals associated with the crypto mixer extend beyond centralized exchanges based in the United States. Tornado Cash co-founder Roman Semenov reported developer platform GitHub had suspended his account. On Tuesday, Web3 development platform Alchemy and Infura.io followed by blocking remote procedure call requests to the mixer. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash \u2014 Rebound ahead?<\/em><\/strong><\/p>\n<p>Some critics of Treasury\u2019s decision to add Tornado Cash to its list of SDNs have said the crypto mixer is a \u201cneutral tool\u201d which can be used by anyone, rather than a platform aiming to use it for illicit purposes. In a Tuesday statement, Lia Holland of tech advocacy group Fight for the Future <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fightforthefuture.org\/news\/2022-08-09-statement-treasurys-clumsy-approach-to-tornado-cash-is-a-threat-to-the-future-of-financial-privacy\/\">called<\/a> Treasury\u2019s actions \u201cclumsy\u201d by using sanctions against bad actors like North Korean hacking group Lazarus that also affected users with \u201clegitimate reasons to seek anonymity in financial transactions.\u201d<\/p>\n<p>\u201cTornado.cash is code, and rather than identify those who were aiding and abetting criminals the Treasury simply sanctioned that code,\u201d said Holland.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/dydx-confirms-blocking-and-unblocking-some-accounts-linked-to-tornado-cash\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash &#8220; Cryptocurrency derivatives trading platform dYdX said it blocked some users\u2019 accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer. In a Wednesday blog post, dYdX said it had \u201cunbanned certain accounts\u201d that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":483504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMTc0NDYwODktZWNlNS00ZGM4LTgzNGEtYWM4Mjc3YzM4Zjk0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74860,117,55229,71523,67874],"class_list":["post-483503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrency-exchange","tag-business","tag-law","tag-sanctions","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=483503"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/483504"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=483503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=483503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=483503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}