Tornado Cash: Treasury Attempts To Block Sanctions Judgement \ stacker news ~Politics_And

The Treasury has filed a notice to stop a Texas district court from issuing a final judgement on Tornado Cash's sanctions reversal, attempting to retain powers to list software like Tornado Cash on OFAC's SDN list.

Last week, the Treasury Department removed Tornado Cash from the OFAC Specially Designated Nationals and Blocked Persons List (SDN List), reversing US sanctions on the software.

Now the Treasury is attempting to stop the courts from granting a so-called motion for partial summary judgement, which would ensure that the Treasury cannot re-list Tornado Cash, or any software like Tornado Cash, on OFAC's SDN list.

Tornado Cash's removal from the SDN list came after the Fifth Circuit classified a Texas district court's decision to designate the Ethereum software as a sanctioned entity as unlawful last November, clarifying that software like Tornado Cash is not covered under the current design of the International Emergency Economic Powers Act (IEEPA).

...read more at therage.co

32 sats \ 1 reply \ @siggy47 27 Mar

If the court grants the motion, and it withstands appeal, this would actually be a real win for privacy.

36 sats \ 0 replies \ @0xbitcoiner OP 27 Mar

"That's one small step for man, one giant leap for mankind."

A big question now is whether this decision will actually make a difference in other cases and areas of crypto privacy.

21 sats \ 0 replies \ @Cje95 27 Mar

I would love to know what Career made this decision in the Treasury Department. I dont see if coming from the Sec. or anyone else in the Admin.