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US court: A company does not need to ‘control’ funds to be considered a money transmission business

US court: A company does not need to ‘control’ funds to be considered a money transmission business

Bitget2024/04/28 01:18
TORN0.00%

Golden Finance reported that the United States District Court for the Southern District of New York responded to the defense motion to dismiss in the Tornado Cash case. The response pointed out that a company does not need to "control" funds to be considered a money transmission business. This development may have a significant impact on the Samourai case.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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