The United States has filed sanctions against Crypto Mixer Tornado Cash, but the procedure has attracted widespread criticism. Paul Gray, the chief legal official of Coinbase, took strikes at the US Treasury for “failed” attempt to waive the need for the final ruling.
Coinbase Clo Pokes HOLES in Us Treasury is the latest court file
In strong formulation After xCoinbase Clo Paul Grewal abandoned the US Treasury’s dealings with Tornado Cash from the sanctions list. According to the disclosure of Grewal, the US Treasury submitted a pleading to make the need for the final judgment on this issue.
Legally, the party’s party can apply to abandon the final ruling, on the pretext that the issue raised is no longer important or implemented. After removing Tornado Cash from the list of specially designated citizens and banned persons (SDN), the latest files of the US Treasury seeks to waive the final judgment on the case. Tornado Cash was in court, challenging the US Treasury decision to put the mixer in the SDN menu.
However, Grewal argues that the deposit contradicts the legal operations in the United States. It is noted that the appropriate deposit only follows if the defendant can show that “he cannot expect a reasonable practice.”
Coinbase Clo cited many legal precedents that involve law enforcement agencies to remove penalties and not transfer the case. He argues that without the final court ruling, law enforcement can review their decision to impose new penalties on a future history.
“The Treasury has similarly removed the Tornado Cash entities from SDN, but it has not provided any guarantee that it will not re -include Tornado Cash again,” said Jarwal.
A lengthy legal battle against the authorities
The road to lifting the Tornado Cash sanctions was long and loose. A group of Tornado Cash users went to the court to protest against the mixer in the SDN menu. The American authorities say that the mixer played a major role in washing digital assets of approximately $ 500 million by the North Lazaros Group.
After obtaining a series of small victories in the court, Grewal criticized the US Treasury Ministry for its failure to comply with the court ruling that shows the status of the smart contract for Tornado Cash. The court ruled that the smart contract did not constitute property under IEPA because it is not possible.
Tornado Cash received support from Coinbase with ETAREUM Foundation that supports legal defense for the main developer Alexey Pertsev.
Alio Bokima
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