The Torn Prize rises by 170 %after the court has lifted the sanctions against Tornado Cash

• Court raises Tornado-Cash sanctions.
• The decision of the court limits the Powers of OFAC for technical control.
• The Torn Prize increases by 170 % to $ 210 %.

In a groundbreaking decision that could redesign the regulatory landscape for cryptocurrencies, the Texas court has lifted the sanctions against Tornado Cash, which led to a dramatic price increase of 170 % for its native token torn, which is now traded at $ 21.34.

The judgment of the Court of Court represents a significant victory for data protection in the crypto field and explains the limits of the state. About the technology.

The controversy around Tornado Cash

The controversy began when the Office of Foreign Assets Control (OFAC) Tornado Cash put on its black list and accused the platform to make money laundering easier for cybercriminals, including those related to North Korea.

The sanctions effectively prohibited the interaction with Tornado Cash and aimed at 38 Ethereum Smart-Contract addresses associated with the service.

However, the court has determined that the OFAC measures exceed its powers in accordance with the International Emergency Economic Powers Act (IEEPA), which limits sanctions to "property" and not to the technology itself.

The opinion of judge Don Willett was clear: there are justified concerns about illegal activities, but the sanctioning of the technology technology was outside the responsibility of the OFAC. He argued that the unchangeability of Tornado Cash's intelligent contracts meant that they could not be considered "property" in the conventional sense and could therefore not be subject to the sanctions imposed.

Effects of the legal victory of Tornado Cash

This legal victory for Tornado Cash not only raised the sanctions, but also created a precedent for regulating data protection and software. The decision of the court to allow US citizens to use Tornado Cash again met with a positive reaction of the market.

The token Torn, which had suffered from the burden of official control, experienced an unprecedented increase that reflected the optimism of investors with regard to the future of the platform.

The effects of this judgment go beyond Tornado Cash. It sends a message about the balance between combating illegal activities and the protection of technological innovations and data protection rights.

Industry leaders, including Paul Grewal, Chief Legal Officer from Coinbase, celebrated the decision and proposed a step towards more crypto -friendly regulations.

This underlines the persistent debate about data protection in the digital age, especially in technologies such as blockchain, which promise both security and anonymity. While the dust is about this court decision, the crypto community observes carefully and anticipates how this could affect future regulatory approaches for blockchain technologies and the more comprehensive effects on data protection rights in the United States.