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November 28, 2024

Court Ruling Lifts US Sanctions on Tornado Cash, Boosting Ethereum and DeFi

A significant change has occurred as a court ruling recently overturned U.S. sanctions placed on Tornado Cash, a cryptocurrency mixing service. This development has sparked optimism within the Ethereum and DeFi communities. The sanctions had cast a dark shadow over the mixing service, discouraging its use and affecting many projects associated with it. With the ruling in favor of Tornado Cash, the potential resurgence of DeFi applications could bring fresh vitality to the Ethereum network, reigniting investor interest and boosting market performance shortly.

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