Just In: US Court Rules Tornado Cash Smart Contracts Not Property, Lifts Ban

A U.S. appeals court has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts. This decision overturns earlier actions taken by OFAC and removes Tornado Cash’s smart contracts from the sanctions list, allowing U.S. citizens to resume their use of the protocol. US The post Just In: US Court Rules Tornado Cash Smart Contracts Not Property, Lifts Ban appeared first on CoinGape .