New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum ‘Not Immune to Censorship and Cooperation’

A staff report published by several employees of the New York Federal Reserve found that Ethereum is “not immune to censorship and cooperation,” which depends on the roles of several actors in the network. The paper examined how the network performed after Tornado Cash, one of the main blockchain mixers, was sanctioned by OFAC. (…)