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According to Deep Tide TechFlow news, on July 8, the Eleventh Circuit Court of Appeals approved the motion jointly submitted by the U.S. Treasury and Coin Center, formally dismissing Coin Center's appeal against the sanctions on Tornado Cash. This decision was made after the U.S. government proactively withdrew the relevant sanctions in March this year, with government attorneys arguing that this action caused the case to "lose its practical controversy."



Although this marks significant progress in the cryptocurrency industry, the legal troubles of Tornado Cash co-founder Roman Storm are far from over. Storm is set to go on trial next Monday (July 14), where he will need to prove to the jury that he did not intentionally operate an unlicensed financial business when creating Tornado Cash.
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