🚨 US Treasury Withdraws Appeal Against Tornado Cash 🔚⚖️
The legal fight is over. The Treasury has officially dropped its appeal, and the sanctions on Tornado Cash are now unenforceable.
📌 The Eleventh Circuit tossed the judgment and ordered dismissal.
📌 Coin Center & Treasury agreed to kill the case — confirmed by Bloomberg Law.
📌 Tornado Cash is off the sanctions list — a major shift in crypto policy.
But the story’s not over…
👨⚖️ Storm’s criminal trial starts July 14, with $1B+ in laundering allegations. DOJ claims Lazarus Group funds flowed through Tornado.
Yet Storm, backed by Coinbase & the Ethereum Foundation, is fighting back:
🧠 “They’re prosecuting code, not conduct.”
Meanwhile in the EU, developer Alexey Pertsev was convicted in May and sentenced to 5 years — Dutch court said auto-running contracts don’t mean no responsibility.
🔥 Big win for crypto privacy advocates — but the battle for dev rights continues.
#TrumpTariffs #MuskAmericaParty #OneBigBeautifulBill #BTCWhaleMovement #NFPWatch