When Friends With Benefits burst into crypto consciousness in 2020, it was the kind of FOMO-inducing project that immediately had people talking. With a wink-wink, sexy name and members including mus… [+5520 chars]

The buzzy covid-era crypto social club has launched Friends With Builders to create Web3 products with 20 infrastructure partners.

CoinDesk

Friends With Benefits Grows Up

Last month, the U.S. Treasury Department's Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate the… [+6505 chars]

The Treasury Department may not have had any choice but to remove its designation of the crypto mixer.

Why OFAC Delisted Tornado Cash

Paul Grewal, chief legal officer at crypto exchange Coinbase (COIN), criticized the U.S. Treasury's recent filing that seeks to moot the necessity of a final court judgment regarding Tornado Cash aft… [+2275 chars]

Grewal warns that without a final court judgment, there's no assurance that Tornado Cash won't be re-sanctioned in the future.