Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Van Loon plaintiffs challenge US Treasury sanctions on Tornado Cash

Van Loon plaintiffs challenge US Treasury sanctions on Tornado Cash

CointimeCointime2024/09/03 02:15
By:Cointime

plaintiff Van Loon appealed on September 2nd in the Fifth Circuit Court, challenging the US Treasury Department's decision to list Tornado Cash as a specially designated national (SDN). The plaintiff believes that the Treasury Department's sanctions on this open source project without clear guidance may threaten the First Amendment rights of programmers.

Van Loon and his team sued the Treasury Department in September 2023, accusing it of exceeding its powers. Tornado Cash was sanctioned for alleged money laundering activities, and the government claims that the platform has been involved in more than $7 billion in illegal funds since 2019. The Electronic Frontier Foundation (EFF) supports this lawsuit, fearing that government sanctions will have a chilling effect on open source software development.

Previously, the district court dismissed the lawsuit, stating that sanctions were limited to transactions involving the Tornado Cash smart contract and did not affect the development and discussion of open source code. However, the EFF and other digital rights advocates remain concerned about the wide-ranging impact of the case, emphasizing the importance of protecting the rights of programmers.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like