It is reported that FTX has begun blocking accounts that send coins through zk.money, a private Layer 2 network operated by the Aztec Network on Ethereum. which is a service that is considered “High-risk activities”
Reports of blocked transactions in FTX started appearing on Twitter, with some seeing zk.money not a service to conceal transactions. have a broad impact This is similar to the sanctions imposed by the US Treasury on Tornado Cash users on Aug. 8.
Aztec Network CEO Zac Williamson posted on Twitter commenting on the situation surrounding Tornado Cash before FTX took action on the network, saying: “The tragic thing is that we’ve been through it with the World Wide Web. We don’t arrest ISPs for data on their cables. And we do not arrest DNS providers for signing illegal traffic.”
Zk.money was launched in March 2021 byexplainitself as a “private DeFi yield aggregator” of the Aztec Connect software development kit of the Aztec Network, on the other hand, Aztec Connect “workIt’s like a VPN: using Aztec’s rollup contract as a proxy.” And on Thursday, Aztec Network announced that Aztec Connect was preparing.receiveFunding from DEX Balancer Labs
The post FTX blocks a DApp claiming to be a ‘high-risk’ concealment service appeared first on Bitcoin Addict.