Tornado Cash token surges to 2-year high after US court rules Treasury sanctions unlawful

Oluwapelumi Adejumo

The price of Tornado Cash’s TORN token skyrocketed to a two-year high after a US federal appeals court ruled that the US Treasury Department’s sanctions on the platform were unlawful. Tornado Cash is an on-chain privacy tool that uses immutable smart contracts to enable anonymous crypto transactions. The platform was sanctioned in 2022 by the […]

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Tornado Cash token surges to 2-year high after US court rules Treasury sanctions unlawful