Tornado Cash Ruling Sparks Crypto Privacy Triumph: SilentSwap Leads the Way for Effortless Private Trading

The crypto industry recently secured a big win when a U.S. appeals court ruled that the Treasury Department took action outside of its power when it sanctioned Toronado Cash.

Toronado Cash is a cryptocurrency mixer that allows users to obfuscate the source of crypto by pooling and shuffling all the digital assets that it received from many users together. In 2022, the Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on the anonymized software tool provider in accordance with the International Emergency Economic Powers Act.

OFAC also accused Tornado Cash of helping launder more than $7 billion, including over $455 million stolen by the North Korean government-backed hacking group Lazarus, and subsequently blacklisted the platform. 

But the U.S. Circuit Judge Don Willett, who was appointed by Republican President-elect Donald Trump during his first term, said

since the crypto mixer’s smart contracts are “immutable,” meaning they can’t be changed or controlled by anyone, they simply do not legally qualify as property that can be sanctioned under existing law.

Now that Tornado Cash has won the lawsuit challenging the sanctions, for which it had the financial backing of the major US crypto exchange Coinbase, US citizens will be able to use this privacy-protecting protocol. 

Hailing the court ruling as “a historic win for crypto and all who cares about defending liberty,” said Paul Grewal, Chief Legal Officer at Coinbase, in a post on X (previously Twitter), adding,

“The government’s overreach will not stand.” 

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This is a big moment for crypto, which has significant implications for the entire sector as it prevents truly decentralized protocols from legal liability, as under the current law, the OFAC can’t sanction the underlying code itself.

However, with the court acknowledging the “the real-world downsides of certain uncontrollable technology falling outside” of the scope of authority and leaving the door open for Congress to update the law for the modern technology age, the crypto industry needs to do a better job at preserving privacy rights while preventing illicit use.

Still, as SilentSwap said in a post,

“Tornado Cash’s victory is a win for privacy and decentralization.” 

SilentSwap is a cross-chain aggregator that, instead of collecting and shuffling the funds around as a mixer does, takes a different approach to privacy, which ensures the user is always in control. Being a non-custodial platform, privacy at SilentSwap “isn’t just protected here, it’s redefined.”

SilentSwap Launching a Game-Changer in Crypto

SilentSwap is a privacy-focused cross-chain aggregator that allows anyone to swap in complete silence and with confidence. 

Powered by SecretNetwork, the DEX takes a different approach by making privacy the default. Most blockchains are open books—anyone can see every transaction and smart contract interaction. SecretNetwork uses TEE (Trusted Execution Environment) technology to ensure users have privacy, where it matters the most, while the underlying ledger stays transparent and auditable.

Having such a powerful foundation enables SilentSwap to offer an unparalleled experience to crypto users that promises effortless privacy. 

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The DEX aggregator, which is currently in public beta, is preparing for its big upcoming launch next week. Highly anticipated by the community, SilentSwap has been capturing a lot of attention well ahead of its official launch, with the platform receiving tens of thousands of early access submissions. All this demand has the team now rolling out access to everyone.

Right from the beginning, SilentSwap will support swaps across eight different major blockchains, allowing users to send to 16 wallets simultaneously in a single transaction for increased accessibility. 

To get started on this fully decentralized and private DEX, one doesn’t need to create an account; rather, one can just connect to one’s wallet and start swapping. 

Its infrastructure is further optimized for speed. By processing transactions faster than many existing tools in the DeFi space, SilentSwap enables its users to execute sophisticated strategies and take advantage of crypto’s high volatility.

In addition to fast speed, this DEX also reduces overall fees for the user through advanced arbitrage optimization, which finds the best possible route for each trade and returns savings directly to users.

This way, SilentSwap offers traders strategic protection across multiple chains, allowing them to protect their moves and prevent others from tracking and copying them. For organizations, this ability to keep transactions confidential means they can securely handle vendor payments and employee payroll. With a security layer comparable to Web2, businesses can keep their details protected from competitors and operate with a high level of discretion.

Meanwhile, a regular user can maintain confidentiality over their transaction history, enjoying personal financial privacy and enhanced control that allows for secure transactions without sacrificing the functionality of DeFi.

Overall, all “vanilla DeFi” is going to ZERO as soon as SilentSwap launches private swaps. SilentSwap is the DeFi Killer dApp. Moreover, whales and institutions demand private swaps—they’ve outgrown “vanilla DeFi.” 

So, swim with the whales. Trade like a whale. Now is the time to get in early. The new political guard is bullish on DeFi. With privacy no longer held back by past limitations, the Privacy Tech Supercycle has begun!

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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