Tornado Cash Case Closed: Ethereum Mixer Free From Legal Challenges
2025-07-08 08:39:41
Main Idea
The US Court of Appeals dismissed the legal dispute involving Tornado Cash, rescinding its sanctions by OFAC, while Tornado Cash co-founder Roman Storm faces an upcoming trial.
Key Points
1. The US Court of Appeals for the Eleventh Circuit dismissed the legal dispute between Coin Center and OFAC, making Tornado Cash sanctions moot.
2. OFAC removed Tornado Cash from its sanctions list, a move highlighted by Peter Van Valkenburgh as significant.
3. Tornado Cash was initially sanctioned by OFAC, prohibiting US individuals and companies from engaging with the platform.
4. Tornado Cash co-founder Roman Storm faces an upcoming trial, with charges related to illicit activities linked to the crypto-mixing service.
5. TORN, Tornado Cash's native token, has surged 308% year-to-date, trading at $9.30 at the time of writing.
Description
The US Court of Appeals for the Eleventh Circuit has officially dismissed the legal dispute between Coin Center and the US Treasury Department concerning the sanctions imposed on the crypto mixer Tornado Cash. This decision comes after the Treasury Department’s Office of Foreign Assets Control (OFAC) removed Tornado Cash from its sanctions list earlier this year. The government claimed that this made the matter moot. Tornado Cash Sanctions Are Rescinded Peter Van Valkenburgh, executive director ...
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