They Lost Money When Tornado Cash Got Banned. Now Coinbase Is Helping Them Sue the Government

They Lost Money When Tornado Cash Got Banned. Now Coinbase Is Helping Them Sue the Government

Regulations
September 8, 2022 by secret
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[ad_1] Key Takeaways Coinbase is funding a lawsuit against the U.S. Treasury Department over its decision to sanction Tornado Cash. The exchange’s CEO Brian Armstrong wrote in a blog post that the Treasury had “exceeded its authority” and was harming law-abiding U.S. citizens. The lawsuit is brought by six individuals who previously used Tornado Cash