Wednesday, March 29, 2023
HomeCryptocurrencyThe Downside Twister Money Raises About Base Layer Censorship on Ethereum

The Downside Twister Money Raises About Base Layer Censorship on Ethereum



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On an in any other case quiet day final month, the crypto business woke as much as massive information – the U.S. Treasury Division’s Workplace of Overseas Belongings Management (OFAC) added 45 public Ethereum addresses to the sanctions blacklist, together with addresses the place the Twister Money byte code, or sensible contract, was saved, doubtlessly rendering interactions with these addresses a violation of legislation. Up up to now, all addresses included on the Specifically Designated Nationals and Blocked Individuals Checklist (SDN Checklist) had been wallets purportedly belonging to recognized “unhealthy actors,” making the Twister Money sanctions an unprecedented enlargement of sanctions legislation.

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