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Nov 27, 2024
US Court of Appeals: Tornado Cash smart contracts are not subject to sanctions

The US Court of Appeals has ruled that smart contracts of the Tornado Cash platform, operating on the basis of autonomous software code, cannot be subject to sanctions. The court argued that smart contracts are just tools that do not have legal subjectivity. This decision highlights the importance of taking into account the specifics of blockchain technologies in regulation and sets a significant precedent for the protection of decentralized systems.