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Coin Center is a Washington, D.C.–based advocacy group focused on cryptocurrency policy and regulation
The Eleventh Circuit Court of Appeals granted a joint motion to vacate and dismiss Coin Center’s appeal against the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctions on Tornado Cash, bringing final closure to Coin Center’s legal challenge against the Office of Foreign Assets Control (OFAC)
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash under the International Emergency Economic Powers Act (IEEPA) in August 2022, effectively barring U.S. persons and firms operating in the United States from engaging in financial interactions with Tornado Cash
Tornado Cash is an Ethereum coin mixer that the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) had sanctioned and blacklisted in August 2022

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US Treasury and Coin Center agree to end Tornado Cash appeal

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