The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.

The U.S. Treasury Department acted outside its authority when it sanctioned cryptocurrency mixer Tornado Cash in 2022 and accused it of helping launder over $7 billion for North Korean hackers and other malicious cyber actors,

Tornado Cash’s TORN token skyrocketed over 420% in the last 24 hours following a court ruling that went in a good way for freedom.

A U.S Federal Appeals Court recently ruled in favor of Tornado Cash (TORN), lifting the sanctions imposed by the U.S Department of the Treasury. In fact, the court determined that the Treasury exceeded its authority in sanctioning the technology, which anonymizes cryptocurrency transactions.

A U.S. Appeals Court has ruled that Tornado Cash can't be blocked in the country and the Treasury Department's OFAC committed overreach when it sanctioned the crypto mixing tool.

A U.S. appeals court has ruled that the Treasury Department's sanctions against the crypto mixer Tornado Cash were unlawful and an overreach of authority.

A federal appellate court ruled that privacy tools built on the Ethereum blockchain, known as Tornado Cash, cannot be subject to the sanctions imposed by the Treasury Department. Why it matters: The ruling advances cryptocurrency law by finding that certain kinds of smart contracts are not property.

The price of Tornado Cash (TORN) skyrocketed from $3.6 to $34.9 after news broke that the US Treasury would lift its sanctions. On November 27, the Fifth

A U.S. court has recently made a significant ruling that overturned the U.S. government’s sanctions against Tornado Cash, a cryptocurrency mixing service. The case centers around whether the U.S. Treasury Department had the legal authority to impose these sanctions on Tornado Cash,