Tether won’t freeze funds linked to Tornado Cash until the law steps in

Tether holding off on freezing funds is as close as any big player has come to taking a stand against sanctioning a legitimate privacy tool.
Tether holding off on freezing funds is as close as any big player has come to taking a stand against sanctioning a legitimate privacy tool.
Knock-on effects continue from the US sanctions on Tornado Cash. Free speech advocates even plan to challenge the US Treasury in court.
As a result of OFAC sanctions from the US Treasury, it’s now illegal for Americans to use Tornado Cash. Its website is going down worldwide.