5th Circ. Reverses Treasury's Block Of Crypto Mixer <https://www.law360.com/technology/articles/2266240?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-12-02&read_main=1&nlsidx=0&nlaidx=13>
By Katryna Perera The Fifth Circuit has rejected the government's blacklisting of Tornado Cash for "its role in laundering virtual currency for malicious cyber actors," saying the cryptocurrency service's immutable smart contracts, or lines of privacy-enabling software code, are not "property" and are therefore unownable and cannot be blocked under the International Emergency Economic Powers Act. Opinion attached | Read full article » <https://www.law360.com/technology/articles/2266240?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-12-02&read_more=1&nlsidx=0&nlaidx=13> | Save to favorites » <https://www.law360.com/technology/articles/2266240?nl_pk=2bd720dd-746c-4744-a18e-064b9f9347d4&utm_source=newsletter&utm_medium=email&utm_campaign=technology&utm_content=2024-12-02&read_later=1&nlsidx=0&nlaidx=13>
