Big victory in Tornado Cash case as judge says OFAC exceeded authority
A US appeals court ruled the Treasury’s OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash’s smart contracts. 788 Total views 2 Total shares Tornado Cash users have scored a major victory in a United States appeals court after a three-judge panel found the Treasury’s sanctions against the crypto mixer’s smart contracts were unlawful. In a Nov. 26 legal opinion, a Fifth Circuit Appeals Court’s three-judge panel said the Office of Foreign Assets Control (OFAC) exceeded its authori...
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