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The biggest crypto story of the last week was the US Department of Treasury\u2019s 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.\n\nRead Seth\u2019s Twitter thread on Tornado Cash:\nhttps://mobile.twitter.com/SethHertlein/status/1557442355678117889 \n\nJOIN THE FREE WOLF DEN NEWSLETTER\nhttps://www.getrevue.co/profile/TheWolfDen\n\nTHANK YOU TO OUR SPONSOR\n\u25ba\u25ba 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.\n\nSign up here https://thewolfofallstreets.info/bullish/youtube \n\nBullish 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.\n\nTimestamps: \n1:32 Tornado Cash story\n2:10 Sea turtle attack\n2:55 Meet the guests: Seth Hertlein & Michael Fasanello\n3:30 Sanctioning a piece of code\n6:20 Illicit transactions with Tornado Cash\n8:05 Cash should be banned!\n10:20 Tornado Cash developer arrested\n12:20 Multi billion fines for violating OFAC\n13:10 Violation of free speech\n15:50 The timing of Tornado Cash sanctions\n20:45 Putin and North Korea\n22:10 The role of politics in Tornado case\n23:40 The consequences of the sanctions\n\nFollow Scott Melker:\nTwitter: https://twitter.com/scottmelker\nFacebook: https://www.facebook.com/wolfofallstreets\nWeb: https://www.thewolfofallstreets.io\nSpotify: https://spoti.fi/30N5FDe\nApple podcast: https://apple.co/3FASB2c