Twister Money customers file enchantment over judgment in favor of US Treasury

A bunch of Twister Money customers has filed an enchantment in federal courtroom following a ruling upholding america Treasury Division’s choice so as to add the cryptocurrency mixer to its checklist of sanctioned entities.

In a Nov. 13 submitting within the U.S. Court docket of Appeals for the Fifth Circuit, legal professionals representing plaintiffs Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale and Nate Welch argued that the U.S. Treasury “stretched [its] authority past recognition” in sanctioning Twister Money transactions. The submitting got here in response to an August choice by a Texas federal choose who dominated the crypto mixer might be sanctioned underneath the regulatory purview of Treasury’s Workplace of International Belongings Management.

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