Coinbase Employees Sue U.S. Treasury Over Tornado Cash Sanctions

https://fortune.com/2022/09/08/coinbase-employees-and-ethereum-backers-sue-u-s-treasury-over-tornado-cash-sanctions/

Looks like some Coinbase employees might have a point. Tornado Cash was recently shut down by the U.S. government. Tornado Cash would receive your crypto and then spit it out to whatever address you wanted anonymously. This made it very difficult for tracking by the U.S. government. They actually imposed sanctions on the open source code. Coinbase employees have sued the Treasury with the full financial support of Coinbase owner Brian Armstrong. The employees say their funds are locked up and they were legally using the Tornado Cash app for private anonymous donations.
#tornadocash #coinbase #treasury

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