Court overturns US sanctions against cryptocurrency mixer Tornado Cash
The U.S. Treasury Department acted outside its authority when it sanctioned cryptocurrency mixer Tornado Cash in 2022 and accused it of helping launder over $7 billion for North Korean hackers and other malicious cyber actors,
US sanctions against cryptocurrency mixer Tornado Cash were unlawful
Two years ago, the US government imposed far-reaching sanctions against the cryptocurrency mixer Tornado Cash. But it was not allowed to do so.
Tornado Cash Sanctions Found Illegal, in Legal Win for Crypto
A federal appeals court has rejected the Treasury Department’s sanctions on Tornado Cash, a so-called cryptocurrency mixing service that U.S. officials allege was used to launder funds stolen by North Korean hackers,
U.S. Treasury overstepped authority in Tornado Cash sanctions, court rules: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Appeals court reverses sanctions against Tornado Cash
A federal appellate court ruled that privacy tools built on the Ethereum blockchain, known as Tornado Cash, cannot be subject to the sanctions imposed by the Treasury Department. Why it matters: The ruling advances cryptocurrency law by finding that certain kinds of smart contracts are not property.
U.S. Appeals Court Overturns Tornado Cash Sanctions; TORN Surges Over 500%
The U.S. Appeals Court overturns sanctions on Tornado Cash, ruling the platform’s code isn’t a legal entity. TORN token surges over 500%, igniting debate on blockchain regulation and decentralization.
TORN Surges 418% As Federal Court Rules US Sanctions Against Tornado Cash Must Be Abandoned
The price of TORN soared over 418% after a federal court ruled that sanctions on Tornado Cash must be abandoned.
Tornado Cash Case: Appeals Court Says Treasury OFAC 'Overstepped' Authority In Sanctions Move
A U.S. Appeals Court has ruled that Tornado Cash can't be blocked in the country and the Treasury Department's OFAC committed overreach when it sanctioned the crypto mixing tool.
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