Blockchain Association Offers Support to Lift Sanctions on Tornado Cash

Coinspeaker
Blockchain Association Offers Support to Lift Sanctions on Tornado Cash
The Blockchain Association has reiterated its support for six plaintiffs challenging the US Treasury Office of Foreign Assets Control (OFAC) over the sanctions imposed on Tornado Cash, a crypto mixer.
In a recent amicus curiae brief to a US appellate court, the advocacy group argued that OFAC’s sanction on the privacy protocol was not only unlawful but also exceeded its statutory authority. The Blockchain Association claimed that the decision was “arbitrary and capricious,” violating the US Constitution. This marks the second amicus brief filed by the Blockchain Association in favor of Tornado Cash users appealing OFAC’s decision.
Tornado Cash (TORN) is a decentralized and non-custodial privacy solution operating on the Ethereum blockchain. Users can deposit ETH or ERC-20 tokens into Tornado Cash, and upon withdrawal to a new address, the connection between the initial deposit and subsequent wit

Czytaj więcej

We współpracy z: https://www.coinspeaker.com/blockchain-association-sanctions-tornado-cash/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy