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
Octra to launch $20 million token sale on Sonar at a $200 million valuation
Russell 2000 Index hits a record high, currently up 0.52%
Data: If ETH falls below $3,216, the cumulative long liquidation intensity on major CEXs will reach $1.127 billion.
Trending news
MoreCrypto prices
More
