Off the Blockchain+, August 5-13, 2024

Intro/Disclaimer: Since late 2022, I’ve prepared weekly updates for attorneys at my firm to stay abreast of the latest Web3 legal developments. The biggest stories are included in Bi-Weekly posts on the firm’s BitBlog, where we provide concise tl;dr overviews and insights into how these developments might ripple through the industry. In pursuit of aContinue reading “Off the Blockchain+, August 5-13, 2024”

Off the Blockchain+, August 21-28, 2023

Law enforcement was busy last week, with an arrest and charges connected to the Tornado Cash privacy/mixing protocol, and the OpenSea “insider trading” case coming to a close with sentencing. Treasury also finally released their crypto reporting guidelines and they are a doozy, potentially requiring even websites like Etherscan to report identities of individuals itContinue reading “Off the Blockchain+, August 21-28, 2023”

Tornado Cash Sanctions and the Fourth Amendment

In the wake of the sanctions brought by the Office of Foreign Assets Control (“OFAC”) against virtual currency mixer Tornado Cash, legal scholars far smarter than I am have debated the issues surrounding whether the Tornado Cash protocol is an “entity” within OFAC’s power to sanction, and whether this falls afoul of “code is speech”Continue reading “Tornado Cash Sanctions and the Fourth Amendment”