DOJ Says Dragonfly Not a Target Over Tornado Cash Ties

DOJ Says Dragonfly Not a Target Over Tornado Cash Ties

The U.S. Department of Justice (DOJ) has clarified that crypto VC firm Dragonfly and its executives are not targets in the criminal investigation related to Tornado Cash. In a Monday court hearing of Tornado Cash co-founder Roman Storm, prosecutors said that earlier reports of potential charges against Dragonfly were “inaccurate and misleading.” This story is an excerpt from the Unchained Daily newsletter.   To get these updates in your email fo…

DOJ Clears Dragonfly from Tornado Cash Probe as Roman Storm Trial Nears End

The DOJ confirmed in court that Dragonfly and its executives are not targets in the Tornado Cash investigation. Roman Storm faces trial for laundering and sanctions violations linked to his role in creating Tornado Cash. The outcome of Storm’s case may define how open-source developers are treated under criminal liability laws. Dragonfly Ventures will not face criminal charges related to its 2020 investment in Tornado Cash, according to recent c…

DOJ clarifies Dragonfly is not a target as Tornado Cash co-founder trial nears conclusion - Coin Surges

Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the court July 28 that neither Dragonfly nor its principals were targe…

DOJ confirms Dragonfly not under investigation in Tornado Cash case

Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder

Haseeb Qureshi called the original threat "unprecedented" and a "clear violation of DOJ policy" designed to prevent defense testimony.

Roman Storm Trial Turns Critical as DOJ Denies Investigating Dragonfly

Roman Storm’s Tornado Cash trial nears final verdict as the DOJ clarifies Dragonfly is not under investigation.