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Today is Sunday and some positive news coming from crypto world .... #Torn
#Torn Tornado 🌪️ Cash 💰 Soon Heavy Pump Keep eye 👁️ On This $Torn 1 Week Chart 📊 4 million Circulation Supply
Crypto Community Fights Back Against U.S. Sanctions on Tornado Cash
A group of pro-crypto organizations has filed an amicus brief in support of a lawsuit challenging the legality of sanctions imposed on the decentralized finance (DeFi) protocol Tornado Cash.
The amicus brief, filed by the Blockchain Association, the DeFi Education Fund, and Coin Center, argues that the sanctions imposed by the Treasury Department’s Office of Foreign Assets Control (OFAC) are unlawful.
The OFAC imposed sanctions on #Tornado Cash in February, alleging that it was being used by criminals to launder money. However, the pro-crypto groups argue that the sanctions are unprecedented and violate the First Amendment right to free speech.
“The OFAC has never before sanctioned software,” the amicus brief states. “The sanctions against Tornado Cash are a clear overreach of the OFAC’s authority.”
The pro-crypto groups also argue that the sanctions violate the right to due process. The OFAC did not provide Tornado Cash with an opportunity to challenge the sanctions before they were imposed.
“The OFAC’s decision to impose sanctions on Tornado Cash was arbitrary and capricious,” the amicus brief states. “Tornado Cash was denied due process and the opportunity to defend itself.”
#Torn #TornadoCash
Read full article here: https://optimisus.com/market/market-news/crypto-community-fights-back-against-u-s-sanctions-on-tornado-cash/
The amicus brief, filed by the Blockchain Association, the DeFi Education Fund, and Coin Center, argues that the sanctions imposed by the Treasury Department’s Office of Foreign Assets Control (OFAC) are unlawful.
The OFAC imposed sanctions on #Tornado Cash in February, alleging that it was being used by criminals to launder money. However, the pro-crypto groups argue that the sanctions are unprecedented and violate the First Amendment right to free speech.
“The OFAC has never before sanctioned software,” the amicus brief states. “The sanctions against Tornado Cash are a clear overreach of the OFAC’s authority.”
The pro-crypto groups also argue that the sanctions violate the right to due process. The OFAC did not provide Tornado Cash with an opportunity to challenge the sanctions before they were imposed.
“The OFAC’s decision to impose sanctions on Tornado Cash was arbitrary and capricious,” the amicus brief states. “Tornado Cash was denied due process and the opportunity to defend itself.”
#Torn #TornadoCash
Read full article here: https://optimisus.com/market/market-news/crypto-community-fights-back-against-u-s-sanctions-on-tornado-cash/
The BitTorrent Company
With over 1 billion users, the BitTorrent protocol is the world's largest decentralized protocol. Its number of users far surpasses Bitcoin, the second-largest decentralized application (as of January 11, 2018, Bitcoin had a total of 32.3 million addresses).
In the last 18 years, BitTorrent clients have been downloaded and installed billions of times. The two clients created and maintained by BitTorrent Inc. are in use today by more than 100 million monthly active users around the world, with around one million new software installs every day.
Over 160 countries have more than 10,000 BitTorrent protocol users, and 23 countries have more tear pria protocol usu. l Toret In. dients account for an estimated 10% of In 2018, BitTorrent formed a strategic partnership with TRON. TRON is a blockchain platform that was created to provide the foundation for decentralized applications. The collaboration between BitTorrent and TRON makes the TRON blockchain protocol the world's largest decentralized ecosystem, and the BitTorrent protocol the largest decentralized application in the world. #BTTcReward #Btttc #bttc🤓 #BitTorrent #Torn
With over 1 billion users, the BitTorrent protocol is the world's largest decentralized protocol. Its number of users far surpasses Bitcoin, the second-largest decentralized application (as of January 11, 2018, Bitcoin had a total of 32.3 million addresses).
In the last 18 years, BitTorrent clients have been downloaded and installed billions of times. The two clients created and maintained by BitTorrent Inc. are in use today by more than 100 million monthly active users around the world, with around one million new software installs every day.
Over 160 countries have more than 10,000 BitTorrent protocol users, and 23 countries have more tear pria protocol usu. l Toret In. dients account for an estimated 10% of In 2018, BitTorrent formed a strategic partnership with TRON. TRON is a blockchain platform that was created to provide the foundation for decentralized applications. The collaboration between BitTorrent and TRON makes the TRON blockchain protocol the world's largest decentralized ecosystem, and the BitTorrent protocol the largest decentralized application in the world. #BTTcReward #Btttc #bttc🤓 #BitTorrent #Torn