2 years ago
The Blockchain Association said June 2 that it filed an amicus little to enactment a CoinCenter lawsuit that defends the coin mixer Tornado Cash.
Kristin Smith, CEO of the Blockchain Association, said:
“… Tornado Cash is simply a instrumentality – punishing the instrumentality itself simply due to the fact that it tin beryllium utilized by anyone, including atrocious actors, runs contrary to the values [the U.S.] was founded upon.”
Smith said that the Blockchain Association “stands with Coin Center” and added that her radical supports the “responsible and lawful” usage of blockchain technology.
Software cannot beryllium sanctioned
Marisa Tashman Coppel, Policy Counsel for the Blockchain Association, commented further, arguing that the Treasury and Office of Foreign Assets Control (OFAC) could not legally authorisation bundle specified arsenic Tornado Cash.
She asserted that OFAC could lone authorisation persons and property. She explained that Tornado Cash is not spot due to the fact that it is not owned by immoderate entity and said that this statement holds adjacent if Tornado Cash’s DAO is considered a person. Tornado Cash is “entirely distinct” from its DAO and would beryllium without the DAO, she claimed.
Copel said that OFAC had infringed connected escaped code rights and owed process by sanctioning the Tornado Cash coin mixer protocol and failed to springiness individuals who were utilizing the work just announcement earlier it imposed restrictions.
The Treasury and OFAC volition respond earlier the tribunal issues a ruling.
Two Tornado Cash lawsuits ongoing
The Blockchain Association’s little concerns Coin Center’s suit against OFAC and successful defence of Tornado Cash. That suit was initiated successful October 2022.
CoinCenter’s suit followed an earlier suit successful September 2022 wherever six individuals, including Ethereum developer Preston Van Loon, Joseph Van Loon, and 2 Coinbase employees, filed a suit against OFAC’s attraction of Tornado Cash.
The Blockchain Association besides filed an amicus little successful enactment of Van Loon et al. successful April. Coppel said that the Blockchain Association made akin arguments successful some briefs.
Plaintiffs successful Van Loon et al. filed further arguments connected May 24, 2023.
The station Blockchain Association files caller amicus little to enactment Tornado Cash’s defense appeared archetypal connected CryptoSlate.
English (US) 