An ex-developer of Tornado Cash, the sanctioned crypto mixer that makes crypto assets harder to track, is working on a new platform that hopes to solve the service’s ties to illicit activity.

Ameen Soleimani believes that Privacy Pools, the working name for his new Ethereum mixer launched on GitHub, will nudge US regulators to reconsider their stance on privacy mixers.

In a lengthy Twitter thread, Soleimani discussed what he says as the “critical flaw” with Tornado...