TORN surged 10 times in the past two hours, reaching a high of 40 USDT

Foresight News reports that according to CoinMarketCap data, the Tornado Cash token TORN briefly surged to 40 USDT, currently reported at 21.8 USDT, with a maximum increase of 1011% in the past 2 hours. Meanwhile, TORN's trading volume in the past 24 hours reached 56.23 million USD, with an increase of 11715.11%, and a market capitalization of 908 million USD, rising 596.35%.

Foresight News previously reported that a U.S. court ruled that the U.S. Treasury Department's Office of Foreign Assets Control's sanctions against the Tornado Cash smart contracts were illegal, stating that the immutable smart contracts of Tornado Cash do not constitute 'property' that can be frozen, and their open-source, self-executing software is not subject to sanctions.