A coalition of 34 crypto firms and advocacy groups is urging Congress to push back against the US Department of Justice's legal interpretation used in the case against Tornado Cash developers.
The coalition argues that the DOJ's current stance could criminalize nearly all blockchain software developers.
The DOJ's interpretation of 'money transmitting business' poses a threat to the entire digital asset development ecosystem in the United States.
Despite the Treasury removing Tornado Cash from the sanctions list, Coinbase insists the legal issues at the core of the case remain unresolved.