BTCC
/
BTCC Square
/
CryptotimesIO
/
Coinbase’s Top Lawyer Declares Victory as Court Sides with Tornado Cash—’Privacy Isn’t a Crime’
Coinbase’s Top Lawyer Declares Victory as Court Sides with Tornado Cash—’Privacy Isn’t a Crime’
12
1
In a ruling that sent shockwaves through DeFi, a federal court tossed claims against Ethereum mixer Tornado Cash—and Coinbase’s Chief Legal Officer didn’t hold back. ’This isn’t just a win for crypto, it’s a win for financial sovereignty,’ Paul Grewal tweeted, punctuating the decision with a mic-drop emoji.
Behind the scenes: Regulators had argued the privacy tool was a money-laundering haven. The court? Not convinced. Turns out, writing code isn’t the same as running a cartel—even if Wall Street still can’t tell the difference.
The kicker: While bankers spend millions on ’innovation labs,’ a bunch of anarchist coders just redefined financial privacy law. With zero permission slips.
By:
