CNBC - Coinbase bankrolls lawsuit against Treasury Department following Tornado Cash sanctions

in blockchain •  2 years ago 

https://www.cnbc.com/2022/09/08/coinbase-bankrolls-suit-against-treasury-department-following-tornado-cash-sanctions.html
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Six users of the recently sanctioned virtual currency service Tornado Cash filed a lawsuit against the Treasury Department on Thursday, and Coinbase supported the suit.

Treasury claims that North Korean hackers and other malicious individuals have used the service to launder more than $7 billion in digital currency over the past three years.

Crypto enthusiasts, however, believe that sanctioning crypto code is an overstep. This is because it could have a negative impact on the technology industry.

Do you agree to ban Tornado Cash or not?

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