The eleventh Circuit Court of Appeals on 3 July will leave Florida’s northern district in 2023, whereby the sanctions of the Treasury against Tornado -contact maintained money and the lower court instructed to reject the case.
The mandate of one page ends the Coin Center v. Yellen Appeal, the only remaining case over from ACC’s August 2022 designation of the Ethereum-based privacy mixer.
The Northern district of Florida must start a brief dismissal in pre -trial detention to implement the mandate by profession.
No party has announced the intention to request the Supreme Court of the Vacancy Bill; This would require a new profession from a new judgment that makes the deletion unlikely.
Mandate ends the profession of Coin Center
On October 30, 2023, the court ruled that Tornado qualified as an ‘association’ whose smart contracts amounted to blocked real estate among the International Emergency Economic Powers Act, so that the treasury was given a short judgment.
Coin Center’s November 2023 Berand of the professional institution established a circuit distribution when on November 26, 2024 the fifth circuit in Van Loon v. Treasury turned a court in Texas and stated that unchanging smart contract code is not owned and cannot be punished.
Treasury chose not to submit the Supreme Court after Van Loon. Instead, on March 21, it is deleted each tornado -money addressIt states that newer ‘targeted tools’ illegal crypto flows would tackle more precisely.
The step became the actual injury that was claimed by the claimants of the Coin Center, which led to both parties submitted a joint motion in which the eleventh circuit was asked to leave the district government and restore with instructions to dismiss for Mootness.
The panel granted that request and issued its mandate, formally closing appellate docket 23-13698.
Limited practical change for the mixer
The Tornado Cash protocol remains operational on the chain, free from centralized control. The management, torn, acts on decentralized exchanges that it never removed.
The dismissal of the profession and the dismissal of the profession does not affect the criminal proceedings against Tornado Cash co-founders Roman Storm and Roman Semenov, who are confronted with money laundering in the southern district of New York.
Moreover, it is not resolved whether developers can be held liable for the downstream use of autonomous code. These questions will probably only reach courts through future enforcement actions instead of this concluded civil lawsuit.
With the raised sanctions and the lawsuit concluded, Tornado -Contant money returns to the regulatory gray zone that it ruled before August 2022, while OFAC continues to indicate that it can make smaller names for privacy aids that serve demonstrably sanctioned actors.
