• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Zafer Tornado in the crypto money case! US Court removed sanctions
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Zafer Tornado in the crypto money case! US Court removed sanctions
Regulations, Law & Policy

Zafer Tornado in the crypto money case! US Court removed sanctions

vitalclick
Last updated: April 29, 2025 7:39 am
4 weeks ago
Share
SHARE

The US Court of Texas Western Region declared the previously imposed sanctions against Tornado Cash. The decision emphasized that the attempt to re -engage the sanctions of the Foreign Asset Control Office (OFAC) could violate the administrative laws in force. The court stated that the procedures to be followed during the sanction process were ignored and underlined that more careful in similar cases.

What does the court decision mean?Support came to court from Coinbase

What does the court decision mean?

The Court convinced that when I was taking Tornado Cash on the sanction list, the court did not fully follow the necessary legal paths. Therefore, the re -implementation of the sanction is not possible. However, this does not mean that it cannot come up again with a new process in the future.

Another point that draws attention in the decision is that the defendants, the government officials, have not made a commitment not to bring the same sanctions of the same nature in the future. This indicates the meticulousness of the process that needs to be followed in similar cases.

The court’s statements include the assessment of “of the same sanction without having legal basis as of now”. This statement once again revealed the importance of administrative procedures in crypto currency regulations.

Support came to court from Coinbase

Coinbase Chief Law Officer Paul Grewal announced after the decision that he supported the court. Grewal criticized the US Department of Treasury in the Delist process in a harsh language and said that authorized institutions should act in accordance with the law.

Grewal’s statement said, “Ofac can no longer be legally implemented legally. I congratulate the brave plaintiffs against their governments”. This sentence shows that sector players are increasingly turning to more legal struggle.

The open support of large platforms such as Coinbase to the process reveals that the Tornado Cash case is not only technical, but also a political and ethical issue. Increased arrangement pressure in the crypto currency world brings a strong legal resistance.

With the decision of the court, Tornado Cash’s market value rose in a short time. The increase of approximately 8 %on a daily basis showed that market actors reacted positively to the decision.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

SEC points to the turning point for crypto currencies

US CFTC Requests Information About This Crypto Protocol From Coinbase Exchange

HOT DEVELOPMENT! Great U -turn in the USA! Critical crypto currency has been closed

Hot Development: 8-Article Audit Coming to Cryptocurrency Companies in 2025

Trump touch to US crypto currency tax regulation

TAGGED:law
Share This Article
Facebook Twitter Email Print
Previous Article This Altcoin rained on the stock market! 3 shipments were made on platforms
Next Article Visa, Mastercard, and Stripe Fuel Stablecoin Revolution in Global Finance
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?