⚖️ The U.S. Department of Justice Closes Its Cryptocurrency Unit and Backtracks on Pursuing Services Like Tornado Cash! ⛓️🛑
In a surprising shift in legal policy, the U.S. Department of Justice (DOJ) has announced the closure of its cryptocurrency unit, with a clear easing in the pursuit of cryptocurrency services like Tornado Cash, trading platforms, and even users of cold wallets. This was stated in an official memorandum indicating that the department will not seek to bring criminal charges in most cases related to the use of privacy tools or mixing services.
🔍 What is the motivation behind the decision?
The decision appears to reflect an attempt to reassess legal priorities amid the rapid growth of the cryptocurrency market and increasing pressure from the community of developers and investors advocating for digital privacy.
⚠️ Is this a victory for digital freedom?
Many see it as a positive step toward achieving a balance between market regulation and protecting user freedoms, especially with the increasing use of tools like Tornado Cash for legitimate purposes.
#DOJ #CryptoLaw #TornadoCash #Privacy #ColdWallet #CryptoNews #Blockchain #Regulation #Decentralization #DigitalFreedom
