Coinbase Lawyer Highlighted Critical Win for Crypto Industry

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Coinbase's lawyer believes this decision is going to change industry as we know it

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By removing Tornado Cash smart contracts from the list of sanctions, the court's ruling essentially permits U.S. citizens to reuse the procedure. An open-source tool for protecting privacy called Tornado Cash was sanctioned on the grounds that it made illegal activity possible. However, the court determined that the Treasury had overreached itself because these immutable smart contracts are not considered property under the sanctions framework because they cannot be owned.

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