Coinbase CLO Critiques U.S. Treasury's Claim That Court Ruling on Tornado Cash Is Moot [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
Treasury's recent filing that seeks to moot the necessity of a final court judgment regarding Tornado Cash after having delisted the crypto mixer from the sanctions list. On Friday, the Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist while also removing over 100 ether (ETH) addresses from the Specially Designated Nationals list. The platform was backlisted in 2022 for its alleged role in laundering $445 million stolen by the North Korea-linked Lazarus cybercrime group. The Treasury then argued that the action of delisting Tornado Cash resolved the issue at hand and that a final court ruling ordering it to remove the crypto mixer from its sanctions list was no longer necessary, according to a court filing entered into
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- Coinbase Global, Inc. (NASDAQ: COIN) had its "buy" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $305.00 price target on the stock.MarketBeat
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- 2/13/25 - Beat
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Sec Filings
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- 3/26/25 - Form 4
- 3/24/25 - Form 144
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