The price of the TORN token surged by 450% after a U.S. appeals court ruled that OFAC overstepped its authority by sanctioning Tornado Cash.
However, in my opinion, a far more significant event for cryptocurrencies focused on privacy is the resignation of the prosecutor handling the cases against Samourai Wallet and Tornado Cash.
Court decisions, while important, are not definitive—judges can make mistakes, and rulings can be overturned by higher courts. But a prosecutor stepping down? That’s an indirect acknowledgment that his team may have mishandled cases against developers of privacy-enhancing tools. This development offers greater hope for both Samourai Wallet and Tornado Cash developers.
We wish these developers a speedy release and full exoneration. After all, there’s nothing unlawful about enabling people to maintain their privacy. Even here at Rabbit Swap, we facilitate anonymous exchanges—and it’s entirely within the bounds of the law.