Tornado Cash Sanctions Called “Unprecedented And Unlawful” By The Blockchain Association | Bitcoinist.com

The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U.S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful.” Until OFAC imposed sanctions, Tornado Cash was the most popular privacy-protecting tool on Ethereum, the world’s second-largest digital asset platform. The software is self-executing computer software published on the Ethereum blockchain, and it functions automatically without any human intervention or assistance. Blockchain Association Takes On U.S. Treasury Over Tornado Cash Sanction The filing argues that the decision to sanction Tornado Cash reflects a basic misunderstanding of the software and its workings. The protocol was the