US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash’s immutable smart contracts, as they can’t be owned and so are not “property” (Felix Ng/Cointelegraph)

Felix Ng / Cointelegraph:
US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not “property”  —  A US appeals court ruled the Treasury's OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash's smart contracts.