Coinbase’s Top Lawyer Declares Victory as Court Sides with Tornado Cash

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Coinbase’s Top Lawyer Declares Victory as Court Sides with Tornado Cash—’Privacy Isn’t a Crime’

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2025-04-29 01:03:07

Coinbase CLO Applauds Court Ruling in Tornado Cash Case

In a ruling that sent shockwaves through DeFi, a federal court tossed claims against Ethereum mixer Tornado Cash—and Coinbase’s Chief Legal Officer didn’t hold back. ’This isn’t just a win for crypto, it’s a win for financial sovereignty,’ Paul Grewal tweeted, punctuating the decision with a mic-drop emoji.

Behind the scenes: Regulators had argued the privacy tool was a money-laundering haven. The court? Not convinced. Turns out, writing code isn’t the same as running a cartel—even if Wall Street still can’t tell the difference.

The kicker: While bankers spend millions on ’innovation labs,’ a bunch of anarchist coders just redefined financial privacy law. With zero permission slips.

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