• February 28, 2024


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Coin Center Files Lawsuit Against US Treasury for Sanctioning Crypto Mixer Tornado Cash

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Coin Center, an organization for the promotion and protection of the interests of the crypto industry, has filed a lawsuit against the US Department of the Treasury and its division OFAC.

According to the organization, the sanctions against the Tornado Cash mixer violate the rights of Americans.

Coin Center argues individuals have a legitimate reason to use tools focused on improving the privacy of transactions. According to the document, OFAC’s actions deprive them of the ability to “conduct legal activities with a certain degree of anonymity.”

The document also names US Treasury Secretary Janet Yellen and OFAC Director Andrea Gacki as defendants. In addition to Coin Center, the plaintiffs are software developer Patrick O’Sullivan, Bankless co-owner David Hoffman and an unnamed human rights activist.