Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption
Cointelegraph
Published Aug 14, 2022 10:15PM ET
Updated Aug 15, 2022 12:00AM ET
Clamping down on crypto applications that “mess with the primal forces of regulation” is necessary, says Shark Tank host and millionaire venture capitalist Kevin O’Leary, who argued that Tornado Cash and similar services are preventing real institutional capital from coming into the space.
In a discussion on Crypto Banter on Saturday, O’Leary, also known as Mr. Wonderful, suggested that applications like Ethereum-based crypto mixer Tornado Cash are a part of a “crypto cowboy” culture that shouldn’t have a place in the industry.
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Written By: Cointelegraph
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