Tornado Cash vs OFAC Update: Court Prohibits Department of Treasury from Reinstating the Original Sanctions

The post Tornado Cash vs OFAC Update: Court Prohibits Department of Treasury from Reinstating the Original Sanctions appeared first on Coinpedia Fintech News

The Tornado Cash victory against OFAC is a major milestone for the web3 and DeFi development in the United States and globally. The use of crypto mixers by bad actors remains an existential threat to the wider crypto market. United States District Judge for the Western District of Texas, Robert Pitman, ruled in favor of …