OFAC ‘overstepped’ on Tornado Cash sanctions, court orders reversal
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OFAC has been ordered to remove addresses linked to Tornado Cash from its list of Specially Designated National and Blocked Persons.
OFAC has been ordered to remove addresses linked to Tornado Cash from its list of Specially Designated National and Blocked Persons.
A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.
The question of whether Tornado Cash or Samourai ever controlled their users’ funds while transmitting them is a critical legal issue.
The three cited examples are even more embarrassing for another reason: A separate, pre-existing sanction might have prevented them.
Crypto supporters have rallied behind Tornado Cash founders to defend free speech. Turns out, this case has nothing to do with free speech.