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In Big Win for Crypto, Courts Deny Tornado Cash Smart Contracts are Illegal, OFAC, US Department of Treasury Lose

DATE POSTED:November 27, 2024
In 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted DeFi crypto mixer Tornado Cash with sanctions, claiming the platform had laundered over $7 billion. At that time, The Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson, claimed: “Today,... Read More