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Market
Global influence of the Tornado Cash case verdict by end of 2025
5
Resolution / Starting Odds
Significant influence on global crypto policies • 33%
Moderate influence, limited to specific regions • 33%
Minimal or no influence • 34%
International legal and news reports
Story
Dutch Court Verdict on $2.3B Tornado Cash Case Under Sanctions
May 13, 2024, 04:25 PM
A Dutch court is set to decide the fate of Alexey Pertsev, co-founder of Tornado Cash, on allegations of facilitating $2.3 billion in cryptocurrency money laundering despite facing sanctions. This case is pivotal as it could significantly impact the future of cryptocurrency privacy and the accountability of developers in decentralized systems. The outcome is anticipated to set a precedent in how open-source, decentralized platforms are regulated and the extent to which developers can be held liable for misuse by others. The US government's argument suggests a high standard for developers, implying that the inability to prevent misuse could lead to liability.
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Similar markets
US leads global pro-crypto policy adoption • 33%
US policy isolated without global following • 33%
Mixed reactions with no clear global consensus • 34%
Increase in regulatory scrutiny • 33%
No significant change • 34%
Decrease in regulatory scrutiny • 33%
No impact • 33%
Moderate impact • 33%
Significant impact • 34%
Increase in similar lawsuits • 33%
Discouragement of similar lawsuits • 33%
No significant impact • 34%
High influence • 34%
Moderate influence • 33%
Low influence • 33%
Increased number of lawsuits • 33%
Decrease in lawsuits • 33%
No significant change • 34%
Positive legal developments for Coinbase/XRP • 33%
Neutral legal developments • 34%
Negative legal developments • 33%
No significant impact • 33%
Encourages more lawsuits • 33%
Deters similar lawsuits • 34%
Increase in support for strict regulations • 33%
Decrease in support for strict regulations • 33%
No significant change in public opinion • 34%