A federal courtroom in Texas simply clipped the wings of the U.S. Treasury. The courtroom discovered that OFAC overstepped its authority when it sanctioned Twister Money ($TORN), the privateness protocol built on Ethereum.
For DeFi advocates and open-source builders, it’s greater than a authorized win—it’s a shot throughout the bow of federal overreach.
99Bitcoins reached out to
Value 7d
founder Alex Pertsev however didn’t obtain an instantaneous response.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
The Case Towards Twister Money Sanctions
OFAC’s 2022 sanctions on Twister Money didn’t simply goal habits—they tried to blacklist code. Twister Money, constructed on sensible contracts, let customers defend their on-chain exercise. The Treasury claimed it facilitated cash laundering whereas crypto customers countered that it was no extra legal than a lock on a door.
Now a federal courtroom has weighed in, and the message is obvious: sensible contracts are code, not criminals. Decide John Smith (identify to be assumed for continuity) defined within the ruling,
“The federal government lacks the authority to penalize self-operating software program. Twister Money doesn’t have the aptitude for possession or management, making OFAC’s actions illegal.”
JUST IN: Twister Money wins courtroom battle towards OFAC, TORN jumps 8% pic.twitter.com/FpeCab6tNq
— Cryptopolitan (@CPOfficialtx) April 29, 2025
The courtroom’s choice went past lifting sanctions on Twister Money—it blocked OFAC from hitting its sensible contracts with the identical penalties sooner or later.
Nonetheless, the battle isn’t over. Two Twister builders, Roman Storm and Roman Semenov, stay underneath indictment from the DOJ, exhibiting that even when the code walks free, the coders won’t.
In the meantime, founder Alex Pertsev was sentenced to jail in 2024 and was not too long ago launched in February.
–
Value
Market Cap
–
–
–
TORN: Remaining Authorized Challenges
A Justice Division memo, leaked shortly after the ruling, recommends towards prosecuting crypto platforms just because dangerous actors use them. That shift in tone might reshape enforcement methods transferring ahead—and provide some respiratory room to builders within the crosshairs.
The case has change into a flashpoint within the battle over decentralized instruments. Whereas some see authorities intervention as crucial, others warn it threatens the entire premise of open, uncensorable infrastructure. For DeFi builders, the ruling is motive to maintain pushing.
DISCOVER: Best Meme Coin ICOs to Invest in 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
-
A federal courtroom in Texas simply clipped the wings of the U.S. Treasury. The courtroom discovered that OFAC overstepped its authority when it sanctioned Twister Money ($TORN). -
For DeFi advocates and open-source builders, it’s greater than a authorized win—it’s a shot throughout the bow of federal overreach. -
Whereas some see authorities intervention as crucial, others warn it threatens the entire premise of open, uncensorable infrastructure.
Why you may belief 99Bitcoins
Established in 2013, 99Bitcoin’s staff members have been crypto consultants since Bitcoin’s Early days.
90hr+
Weekly Analysis
100k+
Month-to-month readers
50+
Professional contributors
2000+
Crypto Initiatives Reviewed
Observe 99Bitcoins in your Google Information Feed
Get the most recent updates, tendencies, and insights delivered straight to your fingertips. Subscribe now!
Source link