Court Dismisses Sanctions on Tornado Cash, Signaling Shift in Crypto Regulation

A landmark court ruling has overturned earlier sanctions against Tornado Cash, signaling a potential shift in cryptocurrency regulation. The U.S. District Court for the Western District of Texas annulled these sanctions, citing a failure by the Office of Foreign Assets Control (OFAC) to follow proper administrative procedures during the process. This decision could have significant implications for future sanctions on crypto platforms.