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US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and s


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2024-11-27 00:51:13
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Crypto Currency

Felix Ng / Cointelegraph:

US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not “property”  —  A US appeals court ruled the Treasury's OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash's smart contracts.




Felix Ng / Cointelegraph:

US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not “property”  —  A US appeals court ruled the Treasury's OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash's smart contracts.



Source: TechMeme
Source Link: http://www.techmeme.com/241126/p28#a241126p28


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