Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court

by Aurelia Butler 17 August 2022, 00:40 169 Views

In a Monday blog post, Coin Center executive director Jerry Brito and director of research Peter Van Valkenburgh alleged OFAC “overstepped its legal authority” when it named cryptocurrency mixer Tornado Cash and 44 associated wallet addresses to its list of Specially Designated Nationals, or SDNs, on Aug. 8. The directors claimed Treasury’s actions could have potentially violated U.S. residents’ “constitutional rights to due process and free speech” and they were exploring bringing the matter to court.

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Source: Cryptocurrency - investing.com

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Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court

The Inflation Reduction Act caps costs for Medicare patients on insulin. Where the push for broader relief stands

BlackRock makes $700 million investment in Australian battery storage

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