Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
FBI’s Largest Dark Web Drug Sweep Seizes $234M in Cash and Crypto
Authorities seized more than $234 million in cash and cryptocurrency during Operation TorNado, an international crackdown on dark...
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
DOJ Wins Court Authority to Seize $1.2 Billion of North Korea’s Stolen Binance Crypto as Freezes Top $2.7 Billion
Bitcoin Magazine DOJ Wins Court Authority to Seize $1.2 Billion of North Korea’s Stolen Binance Crypto as Freezes Top $2.7 Billion...
JPMorgan Boosts Blackrock Bitcoin ETF, Strategy, Coinbase Exposure
JPMorgan’s latest securities filing shows expanded holdings of Strategy, Blackrock’s bitcoin ETF, and Coinbase at the end of Septe...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...
PNC’s Coinbase Pilot Turns Incoming USDC Into Business Bank Deposits
TL;DR: PNC’s limited pilot lets eligible businesses receive Ethereum-based USDC, automatically converted into dollars. Coinbase su...