U.S. Treasury’s Tornado Cash Sanctions Blocked by Federal Court

A federal court has temporarily blocked the U.S. Treasury’s sanctions on Tornado Cash, a decentralized cryptocurrency protocol. This decision signifies a significant legal victory for the technology and could influence crypto regulation for years to come. The ruling clarifies that immutable smart contracts are not considered ‘property’ under US law, thus limiting the government’s ability to target these types of protocols. 2025 will see trial proceedings for Tornado Cash co-founders Roman Storm and Roman Semenov, while legal experts anticipate a resurgence in activity within the Ethereum ecosystem as a result of this ruling.