Big victory in Tornado Cash case as judge says OFAC exceeded authority
A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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