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Well, the big legal limitation for these sanctions is that they apply only 'across borders' as OFAC can only sanction foreign entities (e.g. in this case assert
by PeterisP 4y ago
Well, the big legal limitation for these sanctions is that they apply only 'across borders' as OFAC can only sanction foreign entities (e.g. in this case asserting that TornadoCash-as-organization/project is controlled by North Korea), prohibiting U.S. citizens and companies from dealing with or assisting that foreign entity.
- JumpCrisscross 4y ago> OFAC can only sanction foreign entities There are a variety of sanctions mechanisms. Tornado didn’t have to be controlled by North Korea (it isn’t), just used by them to fall afoul of U.S. law.