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August 8, 2022Law & sovereign policyEnforcement actionsdocumented

OFAC sanctions a privacy tool rather than a person

The U.S. Treasury added the Tornado Cash mixing contracts to its sanctions list.

The designation targeted autonomous software rather than an identifiable operator, making it unlawful for U.S. persons to interact with the code. A court later held that immutable smart contracts were not property that could be designated, and the listing was removed in 2025.