Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority

A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service.

Source: https://www.coindesk.com/policy/2023/08/17/coinbase-backed-group-loses-lawsuit-arguing-tornado-cash-sanctions-overstepped-us-treasurys-authority/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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