The post Tornado Cash beats OFAC in court, TORN surges 7% appeared on BitcoinEthereumNews.com.

A US federal court has officially overturned its previous support for the Treasury’s sanctions on Tornado Cash. This has dealt a blow to the Office of Foreign Assets Control (OFAC) and given privacy advocates something to toast. The ruling suggests that OFAC’s original sanctions violated the Administrative Procedure Act. The old legal framework basically implied that “follow the rules, even if you’re the government.” As of now, the OFAC is legally barred from reinstating its old sanctions and it cannot reimplement them unless they do it by the book. Tornado Cash scores big win in court Coinbase legal head, Paul Grewal in a X post, mentioned that the 5th Circuit court ruled against the government in November, but it has been repeatedly trying to avoid entry of a final judgment in the Tornado Cash case. The defendant in the case, the Department of the Treasury, had asked the court twice for long delays before claiming the case was moot, where no final judgment was needed. It was done by the defendant as they had chosen to remove Tornado Cash from the Sanctions List in “their discretion.” Grewal highlighted that the court said no to this nonsense and OFAC is now legally prohibited from reinstating the original sanctions. He congratulated the plaintiffs and commended their courage to stand up to their own government for their rights under law.  After the 5th Cir. ruled against the government in November, it repeatedly tried to avoid entry of a final judgment in the Tornado Cash case. It asked the Court TWICE for long delays before claiming the case was moot (with no final judgment needed) b/c they had chosen to remove… pic.twitter.com/pSDsnWawo8 — paulgrewal.eth (@iampaulgrewal) April 28, 2025 Reacting to the major win, Tornado Cash (TORN) price increased by over 7% in the last…

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Filed under: News - @ April 29, 2025 11:26 am