U.S. Treasury Department Rescinds Sanctions on Tornado Cash, Related Appeals Process Terminated

The U.S. Treasury Department and crypto policy advocacy group Coin Center have reached an agreement to end the appeals process surrounding the Ethereum mixing tool Tornado Cash. As the Treasury Department's Office of Foreign Assets Control (OFAC) revoked the relevant economic sanctions in March 2025, both parties believe that there is no need to continue hearing the case. The Eleventh Circuit Court of Appeals subsequently approved the joint motion of both parties, ruling to vacate the original judgment and remand it to the lower court for dismissal. [Decrypt]