Overview
- SilentSwap announced V2 as a non-custodial, cross-chain swap protocol that severs sender–receiver links and offers a user anonymity toggle for confidential transfers.
- Press materials promote an OFAC- and AML‑compatible architecture, while the FAQ says no personal information is collected and transaction data is purged daily.
- The Terms of Service prohibit use by U.S. persons, and operations are attributed to SquidGrow LLC registered in St. Vincent & Grenadines.
- The site reports about $7.8 million moved across 2,623 swaps, with support for eight blockchains, up to 16 destination wallets per swap, and “Semi-private” or “Max Privacy” modes.
- Coverage contrasts the launch with the Tornado Cash case—sanctions overturned in 2024 and lifted in March 2025—highlighting potentially different regulatory exposure for a corporate-run service.