Can tornado cash users recover their funds?

Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the U.S. Treasury Department announced a way for Tornado Cash users to recover their funds on Tuesday. See related article: Tether says didn’t freeze sanctioned Tornado Cash addresses so as to not interfere in investigations

Is tether violating sanctions by not freezing tornado cash addresses?

Tether has been under scrutiny following a report from the Washington Post that alleged the firm may be violating sanctions by not freezing the sanctioned Tornado Cash addresses. A Tether spokesperson directed Forkast to reference its blog post on Wednesday when asked for a comment.

Is tether blacklisting tornado cash accounts?

According to a Washington Post analysis of data from Dune Analytics, a crypto intelligence firm, Tether is not blacklisting accounts associated with Tornado Cash. So far, the U.S. government has not taken action.

Did Treasury overstep tornado cash?

But crypto executives largely agree that Treasury overstepped with its Aug. 8 announcement against Tornado Cash, which they frame as an unprecedented targeting of computer code, rather than a person or entity typically on the receiving end of sanctions.