The Eleventh Circuit Court of Appeals has approved a joint motion from both the Treasury Department and Coin Center to dismiss the appeal regarding the Tornado Cash sanctions, marking a significant shift in the government's stance on cryptocurrency. The court found the case moot following the Treasury’s decision to rescind the sanctions in March. Additionally, a previous ruling from a Western Texas court deemed the government's actions unlawful, contributing to the government's decision. Despite these developments, Tornado Cash co-founder Roman Storm is still facing a trial set for July 14, 2025, where he must defend against charges of knowingly operating a money-transmitting business through his software. Legal experts express concern that the outcome of this trial could set a precedent for developers in the crypto space, highlighting the ongoing tensions between technology innovation and regulatory constraints in the industry.

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