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How does Tornado Cash work?

1. Introduction In August 2022, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, adding 45 Ethereum addresses to the Specially Designated Nationals (SDN) List of sanctioned...

Analysis: What is and what is not a sanctionable entity in the Tornado Cash case

Last Monday, the Treasury Department’s Office of Foreign Assets Control (OFAC) made a designation adding Tornado Cash to the Specially Designated Nationals And Blocked Persons (SDN) List that it administers....

Comments to the Department of Treasury Regarding Ensuring Responsible Development of Digital Assets

This comment describes concretely why digital assets, and cryptocurrencies in particular, are essential to the operation of decentralized systems, and what the actual benefits of decentralization and disintermediation are for...

Coin Center has filed a court challenge against the Treasury Dept. over unconstitutional financial surveillance

Today Coin Center filed suit in federal district court against the Treasury Department in a facial constitutional challenge to the amendment of Section 6050I of the Tax Code that was...

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