I think it would be silly if LP's assets become tainted. Most logical step is that the OCEAN he dumped is no longer tainted and the ETH he got now gets tainted. Hency why I don't consider it money laundering until some sort off mixing is involved.
This might have interesting repercussions. While we're staring at laundering while it happens on a transparent DEX, couple of consideratios arise for me: - will liquidity providers be tainted? - privacy is key, probably the next DEX should use confidential transactionshttps://twitter.com/lawmaster/status/1310129344245903362 …
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I see your point. Somehow it still might look like as facilitating laundering stolen assets. It would be interesting to get some lawyer providing an opinion. I just fix printers
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No shit privacy
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That's why
@tdexnetwork is built on@Liquid_BTC Transparent dexes are a disservice for liquidity providersThanks. Twitter will use this to make your timeline better. UndoUndo
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True DEX should have privacy in mind as to not get caught up in centralized exchanges their bullshit. As usual it's the CEX that doesn't have its house in order, which then is a bad look on everything. But all the blame is at kucoin and the hackers.
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Just so I get it right, you are proposing that DEXs should use confidential transactions so it will be easier for hackers to launder stolen digital assets?
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the theft has been reported to the police. my feel is authorities in Singapore should take action against Uniswap, it’s backers, it’s software developers, and all buyers of tokens stolen. how? e.g forbid Uniswap to operate with users in Singapore. Ask the US DOJ for assistance.
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Chainflip lets you swap across chains privately. Fingers crossed no hackers find out about us.
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