In brief
- The U.S. government and Coin Center have agreed to end an appeal centered on the Ethereum coin mixer Tornado Cash.
- Tornado Cash co-founder Roman Storm’s money laundering trial is scheduled to take place in a week.
- In March, the Treasury Department’s OFAC removed Tornado Cash sanctions from 2022.
The U.S. Treasury Department and Washington, D.C.-based advocacy group Coin Center have agreed to end an appeal centered on the Ethereum coin mixer Tornado Cash.
On Thursday, the United States Court of Appeals for the Eleventh Circuit granted a joint motion to vacate the judgement and remand with instructions to dismiss, court filings show. Bloomberg Law first reported the news Monday.
Both parties agreed that the appeal is “moot,” given the Office of Foreign Asset Control’s decision to remove economic sanctions against Tornado Cash in March. The office, a component of the U.S. Treasury department,
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Author: André Beganski
