## US Treasury Ends Tornado Cash Appeal Process The US Treasury has concluded its appeal process concerning Tornado Cash, signaling a potential shift in regulatory approach towards crypto mixers. Decrypt reported that the agreement was reached with Coin Center after OFAC lifted sanctions on Tornado Cash in March, deeming the appeal ineffective. ## OFAC's Initial Sanctions and Coin Center's Challenge In 2022, OFAC added Tornado Cash to its sanctions list, citing concerns about its use in money laundering and illicit activities. Coin Center challenged this decision, arguing it overstepped regulatory bounds and infringed on privacy rights. ## A Victory for Crypto Advocacy? Coin Center's Peter Van Valkenburgh stated that the government seemingly didn't want to argue its authority to sanction Tornado Cash in court. This outcome could be viewed as a victory for crypto advocacy, potentially setting a precedent for future legal battles concerning decentralized technologies and financial privacy. While the legal battle is over, the broader debate surrounding the regulation of crypto mixers and their potential misuse continues. ```