U.S. District Court Officially Reverses Sanctions on Tornado Cash Mixer

A U.S. District Court ordered the OFAC to remove addresses associated with Tornado Cash from its Specially Designated National and Blocked Persons (SDN) list, following an Appeals Court ruling that the Treasury Department exceeded its authority in sanctioning the crypto mixer.

"Contrary to the Department’s arguments, the immutable smart

contracts are not services. So even when we consider OFAC’s regulatory definitions, the immutable smart contracts are not property because they are not ownable, not contracts, and not services."