Sanctions Should Target Bad Actors. Not Technology.
Tl;dr: Coinbase is funding a lawsuit brought by six people challenging the US Treasury Department’s sanctions of the Tornado Cash smart contracts and asking the Court to remove them from the U.S. sanctions list. The lawsuit explains that OFAC exceeded its authority from Congress and the President in sanctioning open source technology, rather than sanctioning the bad actors who used it or the property of those bad actors.
Sanctions Should Target Bad Actors. Not Technology. was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Author: Coinbase
