Mirrored Coinbase

Paul Grewal, the Chief Legal Officer at <a href="https://coinedition.com/tag/coinbase-news/" rel="noopener noreferrer nofollow">Coinbase</a>, shared a series of Twitter threads explaining the Coinbase-backed plaintiff’s submission of the motion for a partial judgment summary in the Texas District Court. The motion intended to ask the government to take off the ban on the fully decentralized cryptocurrency tumbler Tornado Cash (TC), making it “open” to all.Previously, following the<a href="https://home.treasury.gov/news/press-releases/jy0916" rel="noopener noreferrer nofollow"> </a>restrictions on Tornado Cash, prohibiting individuals and entities from using the platform or the Ethereum wallets connected to the protocol, six plaintiffs including Coinbase employees sued the US Department of Treasury alleging that the department’s move is “not in accordance with the law.”<a href="https://coinedition.com/investors-challenge-ofacs-tornado-cash-sanctions-coinbase/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Investors Challenge OFAC’s Tornado Cash Sanctions: Coinbase

Coin Edition

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