Discover and read the best of Twitter Threads about #retroactiveeffect
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1/20 Some thoughts on the ban of #TornadoCash by OFAC:
2/20 On 8/8/22, "TORNADO CASH", tornado.cash websites + some related smart contracts were added to the list of Specially Designated Nationals + Blocked Persons (#SDN List) under the OFAC's Cyber-Related Sanctions program [CYBER2]
3/20 #CYBER2 requires US persons to block the property and interests in property of persons added to the #SDN list. CYBER2’s legal basis is Executive Order (EO) 13757 (Dec 28, 2016), which amends EO 13694 (Apr 1, 2015). home.treasury.gov/system/files/1…
