The US treasure does not claim that there is no need for a court judgment in the Tornado Cash case

Published on:

The Department of the Treasury of the United States claims that there is no need for the final judgment of the court in the lawsuit for sanctions in the Tornado Cash after rejecting the cryptographic mixer from the list of sanctions.

In August 2022, the Office of Foreign Control of the Treasury (OFAC) sanctioned Tornado Cash after he accused of the protocol, helped washing the cryptographic laundry stolen by the North -Korean hacker team Lazarus Group, which led to many Tornado Cash users against the regulator.

After the court’s ruling in favor of Tornado Cash, the US treasure dropped the mixer from the list of sanctions on March 21, along with several dozen clever contract addresses related to Tornado from a specially designated National List (SDN) and now he has now he argued “This matter is now debatable.”

Because Tornado Cash has been removed from the list of sanctions, the Department of the Treasury of the United States claims that there is no need for the final judgment of the court in the lawsuit. Source: Paul Grewal

“Because the Tribunal, like all federal courts, has a constant obligation to satisfy that it has jurisdiction of Article III in the case, notification of discussion is justified,” said the US treasure.

However, the legal director of Coinbase, Paul Grewal, said that the Hope of the Treasury would be announced a discussion before an official judgment is not a correct legal process.

“After reluctant to remove TCs, they now claim that they have replaced any need for a court judgment. But this is not a law and they know about it,” he said.

“In accordance with the exception of the voluntary cessation, the defendant’s decision to terminate the questioned practice discusses the case only if the defendant may show that practice cannot” expect “.

Grewal pointed to the decision of the Supreme Court in 2024, which found a legal complaint of Yonas Fikre, a US citizen who was placed on the No Fly list, is not debatable, removing it from the list, because the ban could be restored again at a later date.

United States, Court, Tornado Cash

Source: Paul Grewal

“Here the State Treasury was also removed by Tornado cash entities from the SDN, but he did not assure that the Tornado Cash list would not be again good enough.

Six Tornado Cash users led by the developer Ethereum Core, Preston Van Loon, with the support of Coinbase, sued the State Treasury in September 2022 to reverse sanctions under the argument that they were illegal.

Cocin Center Policy Policy Crypto after a similar lawsuit in October 2022.

In August 2023, the judge of the Federal Court in Texas held on the US Treasury, ruling that Tornado Cash was an entity that could be appointed in accordance with the OFAC regulations. In the appeal, a three -person panel ruled in November that the treasury sanctions against the unchanging clever agreements of cryptographic mixer were unlawful.

The US treasure had a 60-day window to question the decision it made; However, the American court on the Tornado Cash side, annuling the sanctions on January 21 and forcing a government agency to remove sanctions until March.

Related: The US treasure under Trump may take a different approach to Tornado cash

However, its founders still face the law. In August 2023, the United States accused the Roman storm and co -founder of Roman Semenov, accusing them of helping in washing over $ 1 billion in cryptography through Tornado Cash.

Semenov is still at vast and the most wanted list. Storm is free due to bonds of $ 2 million and it is expected that they will stand before the trial in April.

Meanwhile, the developer Tornado Cash Alexey Pertsev was released from prison after the Dutch court suspended his “pre -trial detention”, prepared to appeal to a sentence to laundering money.

Warehouse: Ripple says that the “Over” lawsuit, Trump at Das and more: Hodler’s Digest, March 16-22

Related

Leave a Reply

Please enter your comment!
Please enter your name here