Federal Court Slams Treasury: Tornado Cash Sanctions Overreach, Rules Texas Judge
In a landmark ruling shaking both crypto and regulatory circles, a Texas judge just gutted the Treasury Department’s attempt to re-sanction privacy tool Tornado Cash. The court called it ’arbitrary’—another blow to DC’s clumsy crypto crackdown.
Privacy wins (for now). The judge sided with developers, arguing code is speech—and sanctioning an entire protocol smacks of overreach. Expect appeals, but today’s verdict sets a precedent: regulators can’t just blacklist tech they don’t understand.
Meanwhile, Wall Street still can’t decide if crypto is a scam or their next revenue stream. Some things never change.