Crypto advocacy group the Blockchain Association again filed an amicus brief supporting a suit by six Tornado Cash users looking to overturn OFAC’s sanction of the crypto mixer.
The crypto industry is continuing to investigate Prometheum with the Blockchain Association requesting the SEC provide more information on the blockchain company.
The OFAC sanctions on Tornado Cash should be deemed unlawful and scrapped, the Blockchain Association has said in a court filing supporting a lawsuit against the U.S. Treasury from Coin Center.
Strongly worded letters by the Blockchain Association and a16z question the workability and legality of a proposal by the SEC to expand its custody rule and say it will have an outsized effect on the crypto industry.