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Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%

The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.

By Jesse Hamilton|Edited by Nick Baker

Updated Nov 27, 2024, 2:20 a.m. Published Nov 27, 2024, 12:26 a.m.

A 2022 protest demonstrates the long fight over Tornado Cash, including the arrest of developer Alexey Pertsev. (Jack Schickler/CoinDesk)