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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Treasury Department Drops Case Over Ethereum Mixer Tornado Cash
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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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