Weekly Roundup 11/28/24 (OFAC loses vs Tornado, Cantor owns some Tether, More OCP2.0, Who we’re thankful for) (EP.578)
On The Brink with Castle Island
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Legal Precedent on Sanctioning Open-Source Software
This chapter explores a landmark decision by a U.S. Federal Appeals Court that overturned sanctions imposed by OFAC on Tornado Cash. It emphasizes the court's assertion that smart contracts are not equivalent to legal entities, setting a precedent that could significantly affect the decentralized finance sector.
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