PANews reported on March 21 that Coinbase CEO Brian Armstrong said on the X platform, "No one wants bad guys to use cryptocurrencies, but privacy is vital to law-abiding citizens, and sanctioning open source code violates the principle of freedom of speech." He welcomed Tornado Cash's removal from the OFAC sanctions list and said he looked forward to working with the Treasury Department to combat a small number of abusers (about 0.1%).