Uniswap

Circuit

Tornado Cash

Tornado

<h4><strong>This ruling is being celebrated as a historic win for crypto users and anyone who values personal freedom.</strong></h4>
<p>Tornado Cash is a privacy-focused crypto protocol that lets users keep their transactions private.</p>
<h5><strong>Fifth Circuit Rules Tornado Cash Sanctions Unlawful, Defending Privacy</strong></h5>
<p>Last year, the U.S. Treasury <a href="https://x.com/USTreasury/status/1556655337431785472?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1556655337431785472%7Ctwgr%5Eed0fc824e3412e2124b28215a7c642f05733fdf0%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fcryptocurrency-news%2Fusing-tornado-cash-is-now-illegal-in-the-us%2F" target="_blank" rel="noopener noreferrer nofollow">sanctioned it</a>, claiming it was being used by criminals. But many argued the sanctions went too far, targeting open-source technology instead of bad actors. The court agreed. It ruled that Tornado Cash’s smart contracts—pieces of code that operate automatically on the blockchain—aren’t “property.” These contracts are open-source and can’t be owned by anyone, so they can’t legally be sanctioned.</p>
<p>This <a href="https://www.ca5.uscourts.gov/opinions/pub/23/23-50669-CV0.pdf" target="_blank" rel="noopener noreferrer nofollow">ruling</a> means U.S. citizens can once again use Tornado Cash without fear of breaking the law. Coinbase, a leading crypto company, helped challenge the sanctions and called the decision a victory for liberty. “No one wants criminals to misuse crypto,” Coinbase said, “but blocking open-source technology because a small group of users misuse it isn’t the answer.”</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">Privacy wins. Today the Fifth Circuit held that <a href="https://twitter.com/USTreasury?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@USTreasury</a>’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@coinbase</a> is proud to have helped lead this important challenge. 1/6</p>
 <p>— paulgrewal.eth (@iampaulgrewal) <a href="https://twitter.com/iampaulgrewal/status/1861549058797772874?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 26, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><a href="https://www.altcoinbuzz.io/?s=privacy" target="_blank" rel="noopener noreferrer nofollow">Privacy</a> advocates are over the moon about this decision. It sends a clear message: the government can’t overreach its authority to block technologies that protect privacy. This case shows that open-source tools like Tornado Cash are not the problem; bad actors are.</p>
<h5><strong>More About Tornado Cash &amp; the U.S. Treasury</strong></h5>
<p>The court’s decision also reminds everyone that open-source protocols are a key part of innovation in crypto. Blocking them outright is like “throwing the baby out with the bathwater.” The CEO of Uniswap also talked about it:</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">holy shit</p>
 <p>immutable smart contracts just beat the treasury department in court</p>
 <p>“we hold that Tornado Cash’s immutable smart contracts (the lines of privacy-enabling software code) are not the “property” of a foreign national or entity, meaning (1) they cannot be blocked under… <a href="https://t.co/KROajcEGhq" rel="noopener noreferrer nofollow">https://t.co/KROajcEGhq</a> <a href="https://t.co/qYpMa6vpe3" rel="noopener noreferrer nofollow">pic.twitter.com/qYpMa6vpe3</a></p>
 <p>— Hayden Adams <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f984.png" alt="🦄" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@haydenzadams) <a href="https://twitter.com/haydenzadams/status/1861568401673498882?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 27, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The ruling forces the U.S. Treasury to remove Tornado Cash’s smart contracts from its sanctions list. It also sets a precedent for protecting privacy tools in the future.</p>
<p>For now, crypto users and developers alike can breathe a sigh of relief. The government’s overreach has been stopped in its tracks, and the decision reinforces the importance of defending liberty in the digital age.</p>
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<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/us-court-blocks-tornado-cash-sanctions-protecting-privacy/" rel="noopener noreferrer nofollow">US Court Blocks Tornado Cash Sanctions, Protecting Privacy</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

US Court Blocks Tornado Cash Sanctions, Protecting Privacy

Altcoin Buzz

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