Think tank Coin Center is alleging the U.S. Treasury Department’s sweeping sanctions against crypto mixer Tornado Cash harmed Americans and their ability to transact privately using the Ethereum network.
Coin Center filed a lawsuit against the Treasury Department and the Office of Foreign Asset Control (OFAC), its sanctions watchdog, on Wednesday, marking the second suit the advocacy group has filed against the Treasury Department, as well as the second lawsuit filed against Treasury over its Tornado Cash sanctions.
OFAC sanctioned Tornado Cash in August, claiming North Korean hackers had laundered hundreds of millions of dollars’ worth of crypto through the mixer since its launch. Something like 20% of Tornado Cash’s overall transaction volume was tied to one hack or another, the federal government alleged. The crypto industry has opposed the move, pointing to the fact that OFAC does not normally sanction software and the fact that Tornado Cash does not have any central operator.
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