DOJ Drops Bombshell: Why Dragonfly’s Risky Tornado Cash Bet Won’t Trigger Prosecution—What This Means for Crypto Investors Now
Ever wonder how a simple early investment could spiral into a legal frenzy—or maybe not? The U.S. Department of Justice just put a pin in the swirling rumors surrounding Dragonfly Ventures and their 2020 backing of PepperSec, the brains behind Tornado Cash. After some eyebrow-raising courtroom remarks hinted otherwise, the DOJ has now clarified they have no intentions of prosecuting Dragonfly or its principals. This pivot not only preserves the sanctity of open-source privacy tech investments but also stops a potentially chilling precedent from setting in. As the trial around Tornado Cash approaches its climax, the stakes couldn’t be higher—not just for Dragonfly but for the future of privacy and open-source innovation in America. Curious to see how this unfolds? LEARN MORE.
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