Comment by yieldcrv
7 days ago
adding sanctions to a smart contract address that cannot appeal itself was not a winning position in the US courts
and determing that a smart contract deployment was a "foreign asset" was also not a winning position in the US courts, as its not clear if it was deployed on a node outside of the US to begin with, or if the person that actually sent the deployment transaction was a non-US citizen
The Treasury with its new head just short circuited that challenge and stopped wasting taxpayer money on this
yeah, stick with prosecuting the actual crime instead of the laziest approach of calling everyone a criminal for using a sanctioned smart contract
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