In the News
Crypto Contracts Not Property, The Export Practitioner
December 06, 2024The Export Practitioner cited a LawFlash article by partners Kenneth Nunnenkamp, Ryan McCarthy, and Andrew Ray and associate Eli Rymland-Kelly about a decision from the US Court of Appeals for the Fifth Circuit, which held that immutable smart contracts on the Tornado Cash crypto-transaction software protocol are not “property” subject to the sanctions jurisdiction asserted by the Office of Foreign Assets Control.