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Coin Center files suit over Tornado Cash sanctions
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Banking, Case Law, Emerging Technology, Financial Stability, Government Oversight
Friday, October 21, 2022
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Crypto think tank Coin Center has filed a lawsuit against the Department of Treasury and the Office of Foreign Assets Control (OFAC) over the decision to place sanctions on crypto mixer Tornado Cash.
Coin Center claims Treasury and OFAC do not have the legal authority to sanction a smart contract like Tornado Cash.
Read on for more details.
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