According to Foresight News, Coinbase's Chief Legal Officer Paul Grewal stated that the U.S. Federal Court has prohibited the U.S. Treasury Department from reimposing sanctions on the cryptocurrency mixer Tornado Cash. Despite the Fifth Circuit Court of Appeals being unfavorable to the government in November, the government still attempted to avoid the final ruling by requesting two extensions of the court hearing. The court has rejected this approach and forbidden OFAC from reimposing the original sanctions.
US court blocks Treasury from reimposing sanctions on Tornado Cash
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