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Coinbase CLO Criticizes the US Treasury for Over Tornado Cash Sanctions

  • The U.S. Treasury lifts Tornado Cash sanctions after blacklisting it in 2022 for laundering $7 billion.
  • Coinbase CLO Paul Grewal criticizes the Treasury for sidestepping a court ruling on Tornado Cash.
  • Legal uncertainties remain as Grewal warns of potential reimposition of Tornado Cash sanctions.
  • The removal of sanctions from Tornado Cash marks a significant milestone in the ongoing potential regulation of crypto mixers.

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