The Wild Ride of Tornado Cash: When Uncle Sam Throws in the Towel 🎩💨
This whole kerfuffle was kicked off just last week at the Eleventh Circuit Court of Appeals, where Coin Center took a stand against the Treasury’s 2022 blacklistin’ of Tornado Cash—a privacy contraption built on Ethereum, mind you. That little sanction slapped down by the Office of Foreign Assets Control (OFAC) basically told every Tom, Dick, and Harry in the U.S. to steer clear or face the music.