Court Victory for Treasury and Indictment of Tornado Cash Founders Highlights AML and Sanctions Risks for DeFi Crypto Platforms | Skadden, Arps, Slate, Meagher & Flom LLP

In a long-awaited decision involving the cryptocurrency “mixer” Tornado Cash, a U.S. district court on August 17, 2023, upheld the broad authority of the Department of the Treasury’s...

Related Keywords

South Korea ,Texas ,United States ,New York ,North Korea ,North Korean ,Korea ,Nicolem Argentieri ,Roman Semenov ,Lazarus Group ,Justice Department Criminal Division ,Meagher Flom ,Its Statutory Authority In Designating Tornado Cash ,Treasury Financial Crimes Enforcement Network Fin ,Justice Department Reports Signal Tougher Enforcement ,International Emergency Economic Powers Act ,Worker Party Of Korea ,Foreign Assets Control ,Southern District ,Tornado Cash ,Texas Sides With ,Cryptocurrency Industry ,Regulator Priorities ,Certain Persons Engaging ,Significant Malicious Cyber Enabled ,Worker Party ,Prohibiting Certain Transactions With Respect ,Western District ,First Amendment ,Not Exceed Its Statutory Authority ,Designating Tornado ,North Korea Sanctions ,Policy Enhancement Act ,Cash Has ,Smart Contract ,Designation Did Not Violate ,Plaintiff First Amendment ,Northern District ,Sanctions Charges Against Tornado Cash ,Financial Crimes Enforcement Network ,Roman Storm ,Acting Assistant Attorney General Nicole ,Justice Department ,Criminal Division ,Digital Assets Sector ,States Attorney ,