Six Tornado Cash users suing the Unitedย States Treasury for sanctioning Tornado Cash claim banning the open-source software violates the 1st amendment. Coinbaseย Cryptoย exchange is bankrolling the lawsuit against the Unitedย States Treasury.
Six individuals fighting the Unitedย States Treasury to revert sanctions on Tornado Cash claimed in their latest filings that the Treasury doesnโt have the right authority to prohibit the platform. The plaintiffs filed their reply brief seeking to lift the sanctions on 24th May.
Plaintiffs claim Government overreach in sanctioning Tornado Cash
Plaintiffs claimedย that sanctioning Tornado Cash unconstitutionally burdened speech under the 1st Amendment. Plaintiffs used the open-source software toย guard their privacy. The sanctioning of the open-source platform is a violation of the fundamental rights of the Unitedย States citizens, as per the filing.
The plaintiffs likewise claimedย that these sanctions depend on assuming that anyone who happens to hold TORN is a member of a legally-recognized entity wasย known โTornado Cash,โ which is factually wrong.
The law that was used to sanction the cryptocurrency mixer reveals it can only block property. Onย theย otherย hand, the legal definition of property is something that can be owned. Onย theย otherย hand, the privacy-centered software can not be owned, controlled or changed by anyone. No one can change or control the platform, including founders, developers and people who just happen to have TORN in their wallets.
Treasury tells cryptocurrency mixerโs users to practice Free Speech elsewhere.
The Unitedย States Treasury rolled out sanctions on Tornado Cash aย yearย ago claiming the platform was being used to launder money and facilitate terror financing. Andย once 6 users filed a motion to revert those sanctions claiming it violates free speech, the Unitedย States Treasury, unable to defend the decision, informed the cryptocurrency mixer user to go engage in free speech somewhere else.
The deveoper of the open-source software,ย Alexey Pertsev, was arrested aย yearย ago and is asย ofย now facing money laundering charges in the Netherlands.
