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2024-11-27 05:00:29

US Court Overturns Tornado Cash Sanctions: A Win for Crypto Privacy

The post US Court Overturns Tornado Cash Sanctions: A Win for Crypto Privacy appeared first on Coinpedia Fintech News The United States Court of Appeals for the Fifth Circuit ruled that the sanctions against crypto mixer Tornado Cash by the US Treasury Department were unlawful. This decision, issued on November 26, determined that the Office of Foreign Assets Control (OFAC) exceeded its congressionally defined authority in sanctioning Tornado Cash’s smart contracts. Furthermore, the immutable …

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