A Tornado Cash developer identified as “Gozzy” has initiated a proposal to receive $240,000 in remuneration to continue development activities on the sanctioned mixing protocol.
Gozzy wrote:
“Given the lack of assistance at hand, the complexity of the technology, and the potential legal litigations that may arise from my involvement with the organization, I am advocating for a competitive salary which stands at $240,000 per.”
The U.S. Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August for allegedly facilitating the laundering of over $7 billion worth of cryptocurrencies.
The OFAC sanction led to the arrest of Tornado Cash developer Alexey Pertsev, which forced Tornado DAO to halt operations to keep its members safe from further indictment.
The payment will be issued at about $60,000 per quarter via a Sablier stream, which can be controlled on-chain through the governance process.
Based on the proposal, the developer’s responsibilities will range from ma
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