Tornado Cash Wins in Court: Immutable Smart Contracts Not ‘Property’: TORN Token Skyrockets 400%!

TL;DR The U.S. Court of Appeals ruled that Tornado Cash’s immutable smart contracts are not “property” and cannot be sanctioned by OFAC. The decision is a significant win for privacy-focused technologies, highlighting the limitations of governmental authority over decentralized systems. Following the ruling, Tornado Cash’s TORN token surged nearly 400%, reflecting strong market confidence and... source: https://crypto-economy.com/tornado-cash-wins-in-court-immutable-smart-contracts-not-property-torn-token-skyrockets-400/