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Tornado Cash Sanction Has Wider Liability Implications For Crypto Sector

The August 2022 sanction of Tornado Cash by the OFAC has highlighted the legal concept of ‘Strict Liability’ and potential heavy fines for crypto platforms – even if they were unaware of their platforms being used for il...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tornado Cash Sanction Has Wider Liability Implications For Crypto Sector
The August 2022 sanction of Tornado Cash by the OFAC has highlighted the legal concept of ‘Strict Liability’ and potential heavy fines for crypto platforms – even if they were unaware of their platforms being used for illicit activity.

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This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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