Coin Center Criticizes Indictment of Tornado Cash Devss, Stating Lack of Clear Money-transmitting Violations

Coin Center, a crypto advocacy group, has criticized the indictment of two former Tornado Cash developers, arguing that the facts provided do not clearly show any violations of money-transmitting offenses. The group's research director, Peter Van Valkenburgh, argues that the claims in the indictment contradict guidance from the United States Financial Crimes Enforcement Network, stating that Tornado Cash only provides software for money transmission, not the actual transmission itself.