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Tornado Cash is a cryptocurrency mixer that enhances privacy by obscuring transaction details through the pooling of funds
The U.S District court for the Western District of Texas’ decision to overturn sanctions against Tornado Cash in January 2025 is part of an ongoing legal and regulatory process and does not constitute a definitive resolution, as further legal actions or appeals may follow
In January 2025, the U.S. District court for the Western District of Texas determined that Tornado Cash's immutable smart contracts could not be classified as "property" under the International Emergency Economic Powers Act (IEEPA)
The U.S. Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on Tornado Cash in August 2022, alleging its involvement in money laundering activities linked to North Korea's Lazarus Group
In January 2025, the U.S. District Court for the Western District of Texas overturned sanctions against Tornado Cash by the U.S Treasury in August 2022 over allegations of involvement in money laundering

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A US court overturns sanctions on Tornado Cash

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