Six plaintiffs ask for retrial of Tornado Cash sanctions case
On November 14th, according to court documents, six plaintiffs including Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale, and Nate Welch have submitted a case to the Fifth Circuit Court regarding the Treasury Department's decision to sanction Tornado Cash. The case will be reviewed by the court.
Previously in September 2022, six people including two Coinbase employees filed a lawsuit in the Western District Court of Texas against the Treasury Department's decision to sanction Tornado Cash. Coinbase will provide financial support for the lawsuit. In April 2023, the plaintiffs submitted a motion for summary judgment. In August 2023, in the lawsuit supported by Coinbase regarding the sanction of Tornado Cash, Judge Robert Pitman in the district court submitted a document stating that he ordered the dismissal of part of the plaintiffs' motion for summary judgment. The court considered Tornado Cash to be an association in the ordinary sense and therefore an entity that can be designated under OFAC regulations.
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.
You may also like
BlockDAG, Solana, Monero, & PEPE Could Shape the Top-Performing Crypto Rankings in 2025
Want to know the top-performing crypto for 2025? See why BlockDAG’s 17,750 miners & 2,520% ROI lead the pack, along with strong contenders Solana, Monero, & PEPE.1. BlockDAG (BDAG): Massive Hardware Rollout and Market Momentum2. Solana (SOL): A Scalable Solution with Strong Developer Demand3. Monero (XMR): Privacy-Focused with Long-Term Resilience4. PEPE: A Meme Coin That Keeps Delivering Unexpected GainsWhich Crypto Has the Edge in 2025?
Best Crypto Presale: 3 New Crypto Projects Raising Millions And Attracting Investors
Nexchain, Solaxy, and BTC Bull shine in 2025 presales—AI, Solana scaling, and BTC rewards drive investor interest as the crypto market rebounds.Nexchain: Where AI Meets Autonomous BlockchainSolaxy: Scaling the Solana SurgeBTC Bull: Airdrop for Bitcoin MaxisNexchain Leads the Charge in 2025 Pre-Sales
XMR Price Surges & Tron (TRX) Price Action Gains Steam – but Unstaked’s AI-Powered Token Is the Smartest Buy
Tron (TRX) price action targets $0.73, Monero (XMR) price surge passes $400, but Unstaked’s $0.010126 presale and 2,700% ROI potential could overshadow them both.(TRX) Eyes $0.73 as 2025 Price Forecast Builds MomentumMonero (XMR) Surges Past $400: Is a New All-Time High on the Horizon?Unstaked Is the Future of Decentralized MarketingSumming Up
Pavel Durov and Elon Musk Teamed Up to Bring xAI’s Grok to Telegram’s 1B Users
Trending news
MoreCrypto prices
More
