Tornado Cash Removed from U.S. Sanctions List

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, a crypto mixing service, from its Specially Designated Nationals (SDN) List.  This decision follows a November 2024 court ruling that found OFAC overstepped its authority by sanctioning Tornado Cash’s smart contracts, as these codes don’t qualify as “property” under U.S. law. The Treasury announced its intent to delist Tornado Cash on March 18, 2025, finalizing the process on March 21, 2025. However, one of its founders, Roman Semenov, remains sanctioned.

With this update, several Ethereum wallet addresses and the Tornado Cash website have also been removed from the sanctions list. Despite this, Semenov remains sanctioned, though his designation was slightly modified—his alleged cyber-related activities tag was removed, but he is still linked to North Korea-related sanctions.