U.S. Court Rules OFAC Sanctions Against Tornado Cash Were Unlawful

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  Posted by Two Blokes Apr 30 - Filed in Crypto - 2 views
  
  Tornado Cash has officially been cleared of U.S. sanctions after a Texas federal judge ruled that the Treasury Departments Office of Foreign Assets Control (OFAC) unlawfully designated the crypto mixing service. The April 29 decision by Judge Robert Pitman follows a March delisting by OFAC, which came after a Fifth Circuit appeals court determined that the agency had exceeded its authority by sanctioning Tornado Cashs smart contracts in 2022.