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Crypto Engineers, Investors Sue US Treasury Over Tornado Cash Sanctions

The Treasury’s sanctions watchdog, OFAC, exceeded its authority in blacklisting smart contract wallets, six plaintiffs allege in a new suit.

Preston Van Loon, Prysmatic Labs co-founder at Consensus 2022 in Austin, Texas. (Scott Moore/Shutterstock/CoinDesk)
Preston Van Loon, Prysmatic Labs co-founder at Consensus 2022 in Austin, Texas. (Scott Moore/Shutterstock/CoinDesk)