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sanctioned Tornado Cash – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 10 Aug 2024 04:30:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png sanctioned Tornado Cash – DIGIT INFO https://www.digit.info 32 32 Okx Says Accounts Interacting With Tornado Cash Will Be Closed https://www.digit.info/okx-says-accounts-interacting-with-tornado-cash-will-be-closed/ Sat, 10 Aug 2024 04:30:56 +0000 https://www.digit.info/okx-says-accounts-interacting-with-tornado-cash-will-be-closed/ Read more]]> According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any […]

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Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’ https://www.digit.info/coin-center-sues-us-treasury-over-tornado-cash-ban-lawsuit-says-governments-action-was-unlawful/ Wed, 12 Oct 2022 21:00:55 +0000 https://www.digit.info/2022/10/12/coin-center-sues-us-treasury-over-tornado-cash-ban-lawsuit-says-governments-action-was-unlawful/ Read more]]> Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government's Action 'Was Unlawful'The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says that the government’s sanctioning of Tornado Cash exceeds the Treasury’s statutory authority. The […]

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Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog https://www.digit.info/coin-center-says-ofacs-tornado-cash-ban-exceeds-statutory-authority-plans-to-engage-with-us-watchdog/ Tue, 16 Aug 2022 14:00:39 +0000 https://www.digit.info/2022/08/16/coin-center-says-ofacs-tornado-cash-ban-exceeds-statutory-authority-plans-to-engage-with-us-watchdog/ Read more]]> Coin Center Says OFAC's Tornado Cash Ban 'Exceeds Statutory Authority,' Plans to 'Engage' With US WatchdogOn August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and […]

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