The US Office of Foreign Assets Control (OFAC) has assigned the popular cryptocurrency vessel Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanctions list. last month, prompting an outcry from privacy and free speech advocates. Microsoft-owned GitHub subsequently removed its source code and terminated the user accounts of three people who contributed code to the project.

In a recent turn of events, the platform unbanned the coin mixer and contributors on the platform. Notifying that the repositories are, however, currently in “read-only” mode, Ethereum developer Preston Van Loon tweeted that the hosting service must still reverse all actions and return the repositories to their previous state.

Loon believes the move is still “progress from an outright ban.”

Clarification on interaction with Tornado Cash

Tornado Cash’s return to GitHub follows clarifying guidance issued by the US Department of the Treasury earlier this month that simply “interacting” with its open source code, with certain provisions, would not violate any sanctions imposed. by OFAC.

“US sanctions regulations would not prohibit Americans from copying open source code and making it available online for others to view, as well as from discussing, teaching, or including open source code in written publications.

Similarly, U.S. sanctions regulations would not prohibit Americans from visiting the Internet archives of Tornado Cash’s historic website, nor would they be prohibited from visiting the Tornado Cash website if it becomes active on the Internet again.”

The interaction must not involve a prohibited transaction according to the guide. People who initiate transactions using the mixer before sanctions are imposed on August 8 can apply for an OFAC license to execute the transaction or make a withdrawal.

Unofficial Tornado Cash Archive

Aside from the partial restore, an unofficial archive of the Tornado Cash code was posted on GitHub by Matthew Green, a professor of cryptography at Johns Hopkins University, in August with support from the Electronic Frontier Foundation (EFF). Condemning the hosting site’s earlier move, the researcher, along with his EFF colleague Kurt Opsahl, said that if the code was disabled again, they would challenge the decision in court.

While the fate of Tornado Cash is still in limbo, the crackdown managed to generate considerable support from the industry. Coinbase, for example, revealed paying the bill for a lawsuit filed by six people in the country against the Treasury Department.

The exchange, in an announcement, stated that OFAC, instead of targeting bad actors or property controlled by them, imposed sanctions on an open source technology, “a tool used legitimately by many innocent people, but also by some. bad actors. ”

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This post GitHub rolls back Tornado cash ban, but there’s a catch

was published first on https://cryptopotato.com/github-reverses-tornado-cash-ban-but-theres-a-catch/

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