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Tornado Cash token holders have overwhelmingly voted to restore governance control, marking a pivotal moment in the protocol’s recovery. The proposal received 517,000 votes in favor with zero opposition, signaling strong community support. This move aims to enhance transparency and security while empowering stakeholders.
- Tornado Cash governance proposal passed with 517,000 votes in favor and zero opposition, restoring control to token holders.
- An attacker previously stole 483,000 TORN tokens, manipulated governance, but later proposed returning control in an unexpected move.
- Coinbase is backing legal action against U.S. Treasury sanctions on Tornado Cash, highlighting ongoing regulatory challenges.
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