Name
Tornado mixer dropped from US blacklist
Description
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) officially removed Tornado Cash from its sanctions list following a court ruling that its smart contracts could not be considered sanctionable property.
Publish date
8:15am, Friday, March 21, 2025
Referenced by
OFAC removes Tornado Cash from its global blacklist
Crypto news
News story
According to the January court ruling, “Tornado Cash’s immutable smart contracts (the lines of privacy-enabling software code) are not the ‘property’ of a foreign national or entity, meaning […] OFAC overstepped its congressionally defined authority.”
Crypto news
Quote
The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property of any foreign national
Crypto news
Quote