š Big news in the crypto world! A U.S. appeals court has ruled that the Treasury overstepped by sanctioning Tornado Cash's immutable smart contracts. These autonomous lines of code, not subject to ownership, fall outside federal property laws. āļø
The court's decision highlights the unique nature of smart contracts, which operate without human intervention. This ruling is a win for open-source tech advocates like Coinbase, who argue against blocking tech due to misuse.
What are your thoughts on this ruling? Share in the comments!