Cryptocurrency Think Tank Coin Center Prepares to Challenge U.S. Treasury Sanctions on Tornado Cash

Cryptocurrency think tank Coin Center is preparing to challenge the U.S. Treasury Department’s sanctions against Tornado Cash. Coin Center stated that Tornado Cash is not an entity and that OFAC exceeded its legal authority by adding certain Tornado Cash smart contract addresses to the SDN list, an action that may violate constitutional rights to due process and free speech. Coin Center intends to work with other digital rights advocates to seek administrative relief and is now also exploring challenging this action in court.