Crypto lobbyists want to remove Tornado Cash sanctions.

The Blockchain Association and the DeFi Education Fund have shown their support for Coin Center’s lawsuit against the United States Treasury for imposing “unlawful” sanctions on Tornado Cash. The two cryptocurrency industry advocacy groups filed a joint amicus brief on June 2, arguing that the sanctions against the crypto mixer should be dropped. They claimed the sanctions were “both unprecedented and unlawful” and argued that OFAC lacks the statutory authority to sanction software like Tornado Cash. They pointed out that the core Tornado Cash software is not owned by anyone and cannot be sanctioned. The associations also argued that the sanctions infringe on the right to free speech and due process. They admitted that the protocol had been used for money laundering, mostly by North Korean-affiliated hackers, but also pointed to its less nefarious use of enhancing privacy on the Ethereum blockchain. The groups are seeking a legal prohibition on the enforcement of the sanctions by the courts.

It should be noted that in April, the same groups filed an amicus brief in support of a nearly identical lawsuit brought by six individuals against the Treasury Department over its Tornado Cash sanctions.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Swell Introduces Layer-2 Restaking Rollup in Partnership with AltLayer and EigenLayer

Swell teamed up with Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer to create the rollup,...


Kelp DAO Introduces KEP Token, Making Ethereum Restaking More Liquid

Kelp DAO's latest development, the KEP token, is set to enhance liquidity for EigenLayer Points, providing valuable o...


Justin Sun's Huobi-linked exchange, WhiteBIT, raises concerns over its lending platform.

WhiteBIT, an exchange associated with Justin Sun, has recently gained attention for offering an impressive Annual Per...


Justin Sun considers acquiring FTX's cryptocurrency holdings.

Justin Sun, the visionary Founder of Tron and esteemed Advisor to Huobi Global, has enthusiastically conveyed his str...


In a Plot Twist, Poloniex Bounces Back from $100M Hack with TRX Withdrawals!

Poloniex restores withdrawals following $100M hack, prioritizing TRX deposits and withdrawals. Find out how this impa...


EigenLayer Emerges as a DeFi Powerhouse with $4.3 Billion Inflows

The amount of capital invested in restaking protocols has skyrocketed to $10 billion, far surpassing its previous val...