🎉 Good news from the crypto world! A New Orleans appeals court just surprised the nation by ruling that the U.S. Treasury Department’s sanctions against Tornado Cash are invalid. Three judges ruled that Tornado Cash’s software code is not “property” that can be sanctioned. Coinbase supported the legal challenge, arguing against blocking open-source technology altogether.

- Judge Don Willett noted that while the government’s concerns about money laundering by foreign actors are valid, current law only allows for action against property.

- The TORN token skyrocketed more than 850% following the ruling, though it is now stable around $18, still up 400% in the past 24 hours.

What do you think about the win? Let’s discuss in the comments!