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Crypto World
14 days ago
🔐 BREAKING: U.S. Court Rules OFAC’s Sanctions on Tornado Cash Were Illegal

The U.S. District Court for the Western District of Texas has issued a final ruling in the long-standing legal battle over Tornado Cash, declaring that the Treasury Department’s Office of Foreign Assets Control (OFAC) acted unlawfully by sanctioning the privacy protocol.

In a win for privacy advocates and decentralized technology, the court has permanently prohibited OFAC from imposing sanctions on the Tornado Cash protocol itself — ending a two-year legal dispute.

📜 While OFAC removed Tornado Cash from its sanctions list earlier this year, the court noted its attempt to reserve the right to re-sanction in the future. Judge Robert Pitman ruled that such actions must comply with the precedent set by the Fifth Circuit Court of Appeals.

⚖️ Plaintiffs’ attorneys accused OFAC of trying to sidestep judicial review through procedural maneuvers — a move the court clearly rejected.

⚠️ Important note: This ruling applies only to the protocol, not to individuals. Developers Roman Storm and Roman Semenov remain under criminal indictment by the U.S. Department of Justice and are still listed on OFAC sanctions.

A landmark decision with major implications for crypto regulation, decentralization, and digital rights.

#crypto #tornadocash #OFAC #PrivacyRights #BlockchainLaw #Web3 #CryptoRegulation #LegalVictory
Crynx
2 months ago
Blockchain investigator ZachXBT has reported on his personal channel that a probe into Tornado Cash asset theft has revealed North Korean hackers used the platform to mix coins on March 11. Following this, they allegedly purchased 437.6 billion PEPE tokens, valued at approximately $3.1 million, using part of the ETH funds.

Previously, Foresight News reported, based on Lookonchain monitoring, that three wallets made significant purchases of 689.79 billion PEPE tokens, totaling around $4.3 million. The funds for these transactions were also traced back to Tornado Cash.

#theft #HACK #pepe #memecoin #northkorea #tornadocash #Blockchain #ETH

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