In August, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the cryptocurrency platform Tornado Cash, a virtual currency “mixer” designed to make it harder to trace cryptocurrency transactions—and a worldwide favorite money-laundering platform. Americans are now forbidden from using it. According to the U.S. government, Tornado Cash was sanctioned because it allegedly laundered ...

The Internet was going to set us all free. At least, that is what U.S. policy makers, pundits, and scholars believed in the 2000s. The Internet would undermine authoritarian rulers by reducing the government’s stranglehold on debate, helping oppressed people realize how much they all hated their government, and simply making it easier and cheaper ...