A Fifth Circuit district court judge ruled in April 2025 that OFAC could not sanction Tornado Cash again, and after several extensions of the abeyance this decision became legally binding in June 2025

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June 28, 2025

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OFAC delisted Tornado Cash from its sanctions list in March of this year, after another appeals court — the Fifth Circuit — ruled that it could not sanction smart contracts. And in April, a district court judge also in the Fifth Circuit ruled that OFAC could not sanction Tornado Cash again. After several extensions of the abeyance period, this decision became legally binding on June 28. The government agreed not to appeal the decision.

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06/28/2025
Week 26 of 2025

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