Texas Court Overturns Tornado Cash Sanctions, Says Cannot Punish Technology: TORN Surges By 180%
The US Fifth Circuit Court of Appeals has overturned sanctions and ruled in the favour of Tornado Cash. In a win for crypto companies worldwide and a positive shift towards crypto-friendly regulation, the court concluded that the Treasury Department’s Office of Foreign Assets Control (OFAC) exceeded its statutory authority under the International Emergency Economic Powers … Read more