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Judge rules crypto protocols can be money transmitters without control

A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.

Samourai and Tornado Cash both pinning hopes on upcoming ruling

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.

Malicious javascript code was reportedly introduced to Tornado Cash by a community contributor in a governance proposal two months ago.