Coinbase's Chief Legal Officer criticizes the U.S. Treasury's ruling on Tornado Cash as a "chaotic response."
ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal posted on the X platform stating that the U.S. Treasury's response to the Fifth Circuit Court's clear ruling that the Tornado Cash sanctions are illegal is "chaotic." Despite being ordered to lift the sanctions, the Treasury continues to attempt to delay the final judicial ruling through procedural means. He emphasized that the court should immediately declare the sanctions illegal and formally revoke them.
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