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Tornado Cash Cleared from OFAC Sanctions List, But Legal Challenges Continue

  • The U.S. Treasury Department has removed Tornado Cash from the OFAC sanctions list following a court ruling on smart contracts.
  • Tornado Cash token surged 40% after the delisting announcement.
  • The U.S. Treasury maintains sanctions on Tornado Cash founder despite removing the addresses from the list.
  • The Treasury Department will continue to monitor money laundering incidents involving North Korean hacking groups.

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