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## The Blockchain Association’s Support for Plaintiffs in the Tornado Cash Case

The Importance of Blockchain Advocacy

The Blockchain Association recently offered its strong support to six plaintiffs engaged in a legal battle against the United States Treasury Office of Foreign Assets Control (OFAC) over its imposition of sanctions on the cryptocurrency mixer Tornado Cash. In a move aimed at backing the plaintiffs, the crypto advocacy group filed an amicus curiae brief to a U.S. appellate court, arguing that OFAC’s decision to sanction Tornado Cash was not only unlawful but also exceeded its statutory authority and violated the U.S. Constitution.

The Blockchain Association’s argument was that OFAC’s sanctions were unjust and arbitrary, and the crypto advocacy group emphasized that the agency should focus on sanctioning bad actors rather than outright banning tools over which it has no authority. This case marks the second amicus brief filed by the Blockchain Association in support of Tornado Cash users who are appealing a lower court’s ruling upholding OFAC’s decision to add the crypto mixer to its list of sanctioned entities.

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The Blockchain Association’s Position and Suggested Remedy

Senior counsel Marisa Coppel, representing the Blockchain Association, reiterated that OFAC should reassess its approach and refrain from sanctioning tools with legitimate purposes. Instead, the agency should concentrate on addressing and penalizing illicit activities carried out by misuse of such tools. The Blockchain Association recommended that OFAC should act within the bounds of the law by seeking approval from Congress to ban crypto mixers like Tornado Cash, rather than improperly stretching its existing authorities.

Furthermore, the Blockchain Association emphasized that Tornado Cash operates autonomously and does not have an owner or operator, highlighting the decentralized nature of the privacy protocol. The advocacy group argued that OFAC’s sanctions set a dangerous precedent, which could have far-reaching implications for online tools and privacy rights. The association maintained that seeking supplemental authority from Congress for regulating decentralized digital assets would be a more appropriate approach for OFAC.

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OFAC’s Allegations and Initial Sanctions

OFAC initially imposed sanctions on Tornado Cash in August 2022, alleging that the crypto mixer had been used for laundering over $7 billion in cryptocurrencies, including funds linked to the North Korea-affiliated Lazarus Group. The agency’s actions prompted strong opposition from the Blockchain Association and other stakeholders, who contested the legality and implications of OFAC’s sanctions on Tornado Cash.

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Through the utilization of AI legalese decoder, individuals can delve into the details of OFAC’s allegations and the subsequent legal challenges faced by Tornado Cash and its users. The tool can break down the complex legal language surrounding the case, shedding light on the specific accusations leveled against the crypto mixer and the broader implications for the cryptocurrency industry. By harnessing AI legalese decoder, stakeholders can acquire a comprehensive understanding of the nuances associated with OFAC’s sanctions and the subsequent legal proceedings, enabling them to make well-informed assessments and decisions pertaining to the regulatory landscape for cryptocurrencies and privacy-enhancing technologies.

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