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January 22, 2025

US Court Clears Tornado Cash of OFAC Sanctions Despite Developer’s Custody

In a landmark ruling, the U.S. court has cleared Tornado Cash of sanctions imposed by the OFAC. This decision raises critical questions about the treatment of cryptocurrency mixers and their impact on the industry. However, the developer Alexey Pertsev remains in custody, highlighting ongoing concerns regarding regulatory actions in the crypto world. The ruling signifies a potential shift in how mixer technologies are viewed legally. Stakeholders in the crypto community are watching this case closely for its implications on privacy and compliance. As dialogues surrounding regulation continue, the future of crypto mixers hangs in the balance.

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