The Blockchain Association has filed an amicus brief in a Coin Center lawsuit against the US Treasury Department over its sanctions against crypto mixer Tornado Cash. JPRubin23 reports
The Blockchain Association has filed an amicus brief in an ongoing lawsuit by think tank Coin Center against the Treasury Department and its sanctions watchdog, the Office of Foreign Asset Control.
"It's critical to recognize that Tornado Cash is simply a tool – punishing the tool itself simply because it can be used by anyone, including bad actors, runs contrary to the values this country was founded upon,” Blockchain Association CEO Kristin Smith said in a statement. “Blockchain Association stands with Coin Center, advocating for the responsible and lawful use of blockchain technology.
The crypto industry has vigorously opposed the move, highlighting that OFAC does not normally sanction software and that Tornado Cash does not have a central operator.
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