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.
All events
OFAC sanctions a privacy tool rather than a person
The U.S. Treasury added the Tornado Cash mixing contracts to its sanctions list.
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IN THE SHOWThe Long Arm of the Law