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Tornado Cash Trial: DOJ Weighs Charges Against More Crypto VC Firms

2025-07-27 06:47:52

Tornado Cash Trial: DOJ Weighs Charges Against More Crypto VC Firms

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Dragonfly Capital, a cryptocurrency venture capital firm (VC), may be facing charges from the US Department of Justice (DOJ) related to its early investment in Tornado Cash, co-founded by Roman Storm. Fox journalist Eleanor Terret reported that federal authorities are contemplating charges against several individuals at Dragonfly, including General Partner Tom Schmidt. Dragonfly Capital’s Role In Tornado Cash During a recent court session, Assistant US Attorney (AUSA) Rehn indicated that charges...

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