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The U.S. Treasury has removed 
Tornado Cash from its sanctions list, citing the legal distinction that smart contracts cannot be sanctioned property—though legal challenges for the project's developers continue.
What’s the Scoop?
- Tornado Cash Sanctions Lifted: The U.S. Treasury’s sanctions watchdog removed Tornado Cash from the global blacklist.
- Impact on Smart Contracts: OFAC clarified that Tornado Cash’s smart contracts couldn’t be sanctioned as they aren’t ‘property’ of any foreign national.
- Ongoing Legal Challenges: Roman Storm, Tornado Cash’s co-founder, faces a criminal trial for purportedly violating sanctions, despite this latest development.
- Token Reaction: TORN token jumped 40% in value following the Treasury’s announcement.
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