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2023-08-18 06:47:18

Federal Judge Upholds Treasury Department’s Sanctions on Crypto Mixing Service Tornado Cash

The post Federal Judge Upholds Treasury Department’s Sanctions on Crypto Mixing Service Tornado Cash appeared first on Coinpedia Fintech News In a closely watched case weighing government authority versus crypto industry interests, a federal judge has upheld the Treasury Department’s move to sanction the cryptocurrency mixing service Tornado Cash. Judge Robert Pitman denied requests for summary judgment from six plaintiffs, including two employees of cryptocurrency exchange Coinbase, who argued Treasury overstepped its bounds in blocking …

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