The U.S. Treasury Department and Coin Center, an advocacy group based in Washington, D.C., have decided to conclude their appeal regarding the Ethereum mixer Tornado Cash. The Eleventh Circuit Court of Appeals approved a joint motion to vacate the previous judgment and dismiss the case. This decision follows the Office of Foreign Asset Control's (OFAC) removal of economic sanctions against Tornado Cash in March, rendering the appeal moot. Tornado Cash was initially blacklisted by the government in 2022. Coin Center's Executive Director, Peter Van Valkenburgh, noted that the government was not inclined to defend its broad interpretation of sanctions laws in court. He stated on X (formerly Twitter), "This marks the official end of our court battle," highlighting the government's lack of interest in pursuing the case further. This development signifies a significant shift in the legal landscape surrounding cryptocurrency mixers. Read more AI-generated news on: https://app.chaingpt.org/news

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