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The U.S. Treasury and Coin Center have agreed to end their legal battle over Tornado Cash after sanctions were lifted. The appeal was deemed moot, marking a significant development in crypto regulatory disputes.
- The U.S. Treasury and Coin Center jointly moved to dismiss the Tornado Cash sanctions appeal after OFAC lifted restrictions.
- Coin Center criticized the government's 'overbroad interpretation' of sanctions laws in the case.
- The resolution underscores regulatory challenges for privacy-focused crypto tools like Tornado Cash.
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