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Expert Analysis

OFAC's Tornado Cash Sanctions Create Legal Uncertainty

By Michael Bresnick and Christopher Boone (September 19, 2022, 5:53 PM EDT) -- The Office of Foreign Assets Control within the U.S. Department of the Treasury recently sanctioned the crytpocurrency mixer Tornado Cash. This move has shaken the crypto industry and has legal experts, privacy advocates and at least one member of the U.S. Congress questioning whether the action is within the agency's legal authority....

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