Dwelling » Law » US authorities abandons Tornado Cash appeal after coverage reversal
Jul. 7, 2025
Policy shift ends federal enforcement of sanctions for crypto mixer Tornado Cash, signaling a commerce in regulatory components.
Key Takeaways
- The US Treasury has ended its factual appeal concerning Tornado Cash sanctions enforcement.
- The authorities’s coverage reversal terminates enforcement of sanctions on Tornado Cash.
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The US Treasury Department has ended its factual appeal concerning Tornado Cash sanctions enforcement following a district court docket ruling that deemed the customary mandate unenforceable, in accordance with a novel voice from Bloomberg Criminal pointers.
Coin Center and federal authorities jointly filed for dismissal of their appeal earlier than the Eleventh Circuit Court docket, which was pending a determination. The Eleventh Circuit granted the circulation right this moment, vacating the outdated judgment and ordering the case’s dismissal.
The appeal had centered on whether the Treasury’s Office of Foreign Resources Protect watch over (OFAC) exceeded its authority by imposing sanctions on Tornado Cash, a Russian-developed crypto mixing device. Whereas arguments were offered in November 2024, the court docket never issued a ruling because the authorities’s coverage reversal made it pointless.
Because the authorities’s determination, Tornado Cash’s sanctions steering will now no longer be enforced.
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