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The Daily Hodl 2022-10-13 19:55:33

Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans

A cryptocurrency-focused advocacy group is challenging the validity of the US sanction against crypto mixing service Tornado Cash. On August 8th, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a ban on Tornado Cash citing that the protocol is used in illicit activities such as money laundering and terrorism. The non-profit group […]The post Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans appeared first on The Daily Hodl.

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