Coin Center sues US Treasury Department About the Tornado Cash boycott

Coin Center A Washington, D.C.-based non-profit has sued the US Treasury Department. About the boycott Tornado Cash, an open source software that can be used to conceal transactions on the Ethereum blockchain.

The Ministry of Finance announced sanctions in August. “It was an act beyond the legal authority,” Coin Center argued.

“Americans use Tornado Cash solely to protect their assets.” “Resisting this legal component of the Treasury is the power to give them unlimited control over the American economy. truly.”

The plaintiffs also stated that Tornado Cash was necessary to protect the right to privacy.

“If users do not take proactive steps to protect their privacy The transparency of the ledger account will allow strangers to track his personal relationships and keep track of his close relationships,” Coin Center and other plaintiffs confirmed, “and it lets everyone see if he has a lot of assets or not. which those people may have certain goals.”

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