DOJ also argued in court filings that FinCEN’s guidance on cryptocurrency mixers did not address the concept of “control,” a position taken issue in the senators’ letter. In a filing last month, the DOJ said anything that facilitates the transfer of funds would meet the legal definition of a “cash transmitter,” which likens a wallet to a USB cable that transmits data or a frying pan that transmits heat.
US Senator Questions Justice Department’s Pursuit of Cryptocurrency Mixers Like Tornado Cash
By Crypto Flexs1 Min Read
