Under Donald Trump’s wing, the US Treasury Department has lifted sanctions against Tornado Money. The move has been seen as a significant win for decentralization – a core tenet of blockchain tech.

Albeit a boon for crypto investors who value financial freedom, this open-source, non-custodial crypto mixer’s story has not been without its troubles.

The Crypto Mixer Behind $7B+ in Theft

Tornado Money gives investors financial freedom by obscuring their transaction trails. It blocks centralized authorities from monitoring and possibly controlling crypto activities.

Nevertheless, its popularity for enabling financial freedom has also drawn the flawed type of attention. For instance, it has historically enabled hackers, including those from the North Korea-linked Lazarus Group, to launder profits.

Once the US Office of Foreign Assets Control (OFAC) fully understood its capabilities, Tornado Money was placed on its sanctions list in August 2022.

But in November 2024, a US Fifth Circuit Court ruling challenged Tornado Money sanctions. It pleaded that OFAC acted beyond its authorized powers, arguing they’ll’t ban the mixer since it operates through immutable smart contracts, not ‘property.’

The ruling prevailed, and the Tornado Money sanction was lifted on March 21 – but it surely may not be revoked without end.

In a recent X post, Paul Grewal (Coinbase’s Chief Legal Officer) identified that the Treasury Department’s claim that the case is ‘moot’ will not be legally valid. Not unless they’ll prove history won’t repeat itself and similar actions won’t occur, anyway.

Nonetheless, OFAC lifting the Tornado Money sanction is a big win for the crypto landscape. For once, decentralization’s coming out on top. Privacy and freedom pundits are celebrating the very fact they could be financially independent and in complete control of their crypto earnings.

Those searching for full anonymity on-chain are also turning to no-KYC crypto wallets like Best Wallet, which let you purchase, sell, and manage crypto with minimal friction and third-party oversight.

For ultimate security, it’s a very good idea to pair Best Wallet and Tornado Money to cover your transactional footprint from criminals and the federal government alike.

Join Best Wallet to Bypass All Centralized Control

Best Wallet is a top no-KYC, non-custodial crypto wallet.  In comparison with a centralized exchange wallet that requires you to submit your personal data and control of your private keys, Best Wallet enables you to stay anonymous and hold onto your personal keys.

Best Wallet is seeing 50% growth month on month and has ambitions to take over 40% of the non-custodial market by 2026

Its mobile app enables you to start buying 1K+ cryptocurrencies immediately (including top meme coins). Not having to undergo KYC verification beforehand means hot investment opportunities won’t slip you by.

Plus, it’s the first-ever crypto wallet to feature the best crypto presales. Buying coins at their lowest prices before they’re listed and attract mainstream attention means you’ll profit from the initial price surge that usually occurs post-launch.

It also gives you the prospect to grow to be a part of a crypto project’s community and luxuriate in loads of early-investor perks.

For instance, should you buy the wallet’s native token, $BEST, you’ll get lower transaction fees when using Best Wallet, exclusive early access to latest tokens, and a say in key decisions inside the Best Wallet ecosystem.

You may also stake $BEST for passive income, currently at a formidable 139% APY.

It costs $0.02445 to buy one $BEST on presale without delay. Our Best Wallet Token Price Predictions foresee it spiking by over 194% and hitting $0.072 by the top of this yr (following latest developments, just like the debut of its own crypto debit card), so now could thoroughly be a very good time to become involved.

Verdict – Best Wallet Gives Crypto Privacy a Boost

Ultimately, the lifting of the Tornado Money sanction marks a pivotal moment within the crypto story, a vote for the principles of freedom and privacy that decentralization enables.

Best Wallet stands for similar values. By being fully non-custodial and bypassing KYC verification, Best Wallet honors and defends your rights to privacy and control of your personal property.

Because the adage goes – not your keys, not your crypto.

Best Wallet enables you to buy, sell, trade, and manage over 1K cryptos without centralized oversight. You’ll be able to reduce your digital attack surface and trade 1000’s of cryptos with confidence, all from inside its easy-to-use mobile app.

But, as all the time, do your research. Your crypto investments are your responsibility, and this will not be financial advice.

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