NEW: coincenter sued the U.S. Treasury Department over its Tornado Cash sanctions, becoming the second group after Coinbase to fund a legal effort to declare the action unlawful. nikhileshde reports
against the Treasury Department and the Office of Foreign Asset Control , its sanctions watchdog, on Wednesday, marking the second suit the advocacy group has filed against the Treasury Department, as well as the second lawsuit filed against Treasury over its Tornado Cash sanctions.in August, claiming that North Korean hackers had laundered hundreds of millions of dollars’ worth of crypto through the mixer since its launch.
“An order effectively requiring Defendants to decriminalize use of the 20 Tornado Cash addresses would allow Plaintiffs to conduct their legitimate activities with some measure of anonymity, use their preferred software tool without fear of penalties, and engage in important expressive associations,” the suit said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This Coin Shows Several Anomalies on Its Network, Here's What They Are1INCH shows numerous on-chain signs that might lead to explosive spike in volatility
Read more »
Meeting at center of LA City Council racism scandal also raising legal redistricting concernsLeaked audio of LA City Council members has gotten a lot of attention for its racist remarks, but experts say the conversation about redistricting are also cause for concern.
Read more »
2022 Midterm Election: SF's voter information guide largest in city history as voting center opensTIME TO GET INFORMED: The voter information pamphlet is more than 250 pages long, which is one of the biggest and most pages had for a guide in San Francisco history, election officials say. The early voting center is now open at San Francisco City Hall.
Read more »
Center City Philadelphia businesses upgrade security after recent break-ins'I love Philadelphia, we want to stay here. It all depends on how much the city of Philadelphia is going to do to protect the businesses,' said Arjan Parllaku, the co-owner of the La Fontana Della Citta restaurant.
Read more »
Amazon will open center in Arlington to teach cloud computingThe AWS Skills Center is part of the company's effort to expand the local tech workforce as it builds a new headquarters nearby.
Read more »