DOJ Considering Criminal Charges Against Dragonfly Capital Employees for Years-Old Tornado Cash Investments

2025-07-25 22:26:54

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NEW YORK — Prosecutors told a federal judge in open court on Friday that they were considering criminally charging certain employees of crypto venture capital firm Dragonfly Capital, including general partner Tom Schmidt, for their 2020 investment into privacy tool Tornado Cash. The discussion between prosecutor Nathan Rehn and District Judge Katherine Polk Failla of the Southern District of New York (SDNY) came amid a break in the ongoing trial of Tornado Cash developer Roman Storm , who has be...

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