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US Treasury argues no need for final court judgment in Tornado Cash case

cryptoweekly by cryptoweekly
March 24, 2025
in bitcoin, News
0

The US Treasury says because it dropped Tornado Cash from its sanctions list on March 21, the legal challenge against it should be considered moot.

The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list.

In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging the protocol helped launder crypto stolen by North Korean hacking crew the Lazarus Group, leading to a number of Tornado Cash users filing a lawsuit against the regulator. 

After a court ruling in favor of Tornado Cash, the US Treasury dropped the mixer from its sanctions list on March 21, along with several dozen Tornado-affiliated smart contract addresses from the Specially Designated Nationals (SDN) list, and has now argued “this matter is now moot.”

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  • New Zealand bans crypto ATMs in crackdown on criminal cash conversions
  • SharpLink Gaming pops 28% as Ethereum holdings surpass $533M
  • Bitcoin lacks ‘sustained momentum’ for new high as traders are hesitant
  • US charges 2 men over $650M OmegaPro crypto scam
  • Bitcoin lacked mass media coverage in Q2: Report
  • Crypto traders ‘starting to salivate’ as Bitcoin inches back toward $110K
  • US sanctions North Korean tech worker crew over crypto thefts

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