Van Loon plaintiffs appealed in the Fifth Circuit on September 2 challenging the U.S. Treasury Department's decision to place Tornado Cash on the Specially Designated Nationals (SDN) list. The plaintiffs argued that the Treasury Department's imposition of sanctions on the open-source project without clear guidelines could threaten programmers' First Amendment rights. Van Loon and his team sued the Treasury in September 2023, accusing it of exceeding its authority.
Optimism announced that the fifth round of retroactive public goods fundraising (Retro Funding 5: OP Stack) will open for applications on August 15 and close on August 29. 8 million OP will be used to reward OP Stack contributors between October 2023 and August 2024. The review process for this round of applications will take place from August 30 to September 13, voting will take place from September 14 to September 28, and the results will be announced and the grant delivery date will be Octobe...