Crypto industry critics: US Treasury has no authority to sanction Tornado Cash
The US presidential candidate discussed cryptocurrency-related issues in an interview. Republican presidential candidate Vivek Ramaswamy stated that in August of this year, a judge agreed with the Treasury Department's view after the department sanctioned Tornado Cash last year. Critics of the crypto industry argue that Tornado Cash is not a person but a software, and the Treasury Department has no right to sanction Tornado Cash. Ramaswamy stated that punishing the entire protocol or operation, as in the Tornado Cash case, is illegal and unconstitutional under current law, which is different from holding individual wrongdoers accountable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget PoolX is listing Concrete (CT) : Lock BTC to get 1,111,111 CT airdrop
CandyBomb x CT: Trade to share 560,000 CT
[Initial listing] Bitget to list Concrete (CT)
Bitget to delay the delisting of FHE, DRIFT, RVV,DOG from spot trading
