US court: A company does not need to ‘control’ funds to be considered a money transmission business
Golden Finance reported that the United States District Court for the Southern District of New York responded to the defense motion to dismiss in the Tornado Cash case. The response pointed out that a company does not need to "control" funds to be considered a money transmission business. This development may have a significant impact on the Samourai case.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%
BNB Chain: Zero-fee transfer promotion for USDC and USD1 extended until December 31
Crypto prices
More
