A gaggle of Twister Money customers has filed an attraction in federal court docket following a ruling upholding america Treasury Division’s resolution so as to add the cryptocurrency mixer to its checklist of sanctioned entities.
In a Nov. 13 submitting within the U.S. Courtroom of Appeals for the Fifth Circuit, legal professionals representing plaintiffs Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale and Nate Welch argued that the U.S. Treasury “stretched [its] authority past recognition” in sanctioning Twister Money transactions. The submitting got here in response to an August resolution by a Texas federal choose who dominated the crypto mixer may very well be sanctioned beneath the regulatory purview of Treasury’s Workplace of Overseas Belongings Management.
Proceed Studying on Cointelegraph
