Peter Van Valkenburgh, wrote on X that the government was unwilling to defend what he called the Office of Foreign Assets Control’s (OFAC) “dangerously overbroad interpretation” of sanctions laws involving Tornado Cash
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Peter Van Valkenburgh, executive director at Coin Center commented on X earlier today that the government did not want to continue to defend an interpretation of sanctions laws that seemed too broad.
“This is the official end to our court battle over the statutory authority behind the [Tornado Cash] sanctions,” said Coin Center executive director Peter Van Valkenburgh in a Monday X post. “The government was not interested in moving forward and defending their dangerously overbroad interpretation of sanctions laws.”
"This is the official end to our court battle over the statutory authority behind the TC sanctions," said Peter Van Valkenburgh, executive director at Coin Center, on Monday in a post on X. "The government was not interested in moving forward and defending their dangerously overbroad interpretation of sanctions laws."
Coin Center’s Executive Director Peter Van Valkenburgh celebrated the decision on X on Monday, writing: “This is the official end to our court battle over the statutory authority behind the [Tornado Cash] sanctions. The government was not interested in moving forward and defending their dangerously overbroad interpretation of sanctions laws.”
The government didn’t want to argue that it has the statutory authority to sanction Tornado Cash in court, according to Coin Center Executive Director Peter Van Valkenburgh.
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