Lawsuit To Lift Tornado Cash Sanctions
The Blockchain Association has backed six plaintiffs suing the US Treasury’s Office of Foreign Assets Control (OFAC) over its sanctions on Tornado Cash, a crypto mixer.
The group argued that OFAC’s decision to sanction the protocol was unlawful, exceeded its statutory authority, and “arbitrary and capricious,” contrary to the U.S. Constitution.
The Blockchain Association’s second amicus curiae brief supports Tornado Cash users appealing a lower court’s ruling that upheld OFAC’s decision to add the cryptocurrency mixer to its list of sanctioned entities.
The Blockchain Association suggested OFAC should seek approval from Congress to ban crypto mixers like Tornado Cash, which it has long held has no owner or operator and can function automatically without human intervention. OFAC first sanctioned Tornado Cash in August 2022, alleging that individuals and groups had used the mixer to launder over $7 billion in cryptocurrencies since 2019.
(With inputs from Shikha Singh)
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