Coinbase Chief Legal Officer Criticizes U.S. Treasury Department’s “Chaotic Response” to Tornado Cash Ruling

PANews reported on March 25 that Paul Grewal, chief legal officer of Coinbase, wrote on the X platform that the U.S. Treasury Department’s response to the Fifth Circuit Court’s clear ruling that the Tornado Cash sanctions were illegal was “chaotic”. Although the sanctions had been ordered to be revoked, the Treasury Department still tried to evade the final judicial decision through procedural delays. He stressed that the court should immediately rule that the sanctions were illegal and formally revoke them.

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