Texas judge rules Tornado Cash cannot be sanctioned again

avatar
MarsBit
04-30
This article is machine translated
Show original
According to Mars Finance News, on April 30, the United States District Court for the Western District of Texas made a final ruling, determining that the Office of Foreign Assets Control (OFAC)'s sanctions against Tornado Cash were illegal and permanently prohibited from imposing sanctions on the mixer. This marks the end of a two-year legal dispute in favor of the privacy agreement. Court documents show that although OFAC voluntarily removed Tornado Cash from the sanctions list in March 2024, Judge Robert Pitman noted that it retains the intention to reimpose sanctions in the future and emphasized that "the ruling of the Fifth Circuit Court of Appeals must be executed". The lawyers of the six plaintiffs previously accused OFAC of attempting to evade judicial review through technical manipulation. It is worth noting that Tornado Cash developers Roman Storm and Roman Semenov still face criminal charges from the US Department of Justice, with the latter currently remaining on the OFAC sanctions list. The ruling only applies to the protocol itself and does not involve judicial proceedings against the developers. (CoinDesk)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments