Tornado Cash Fallout Sparks Dragonfly’s Stark Warning: Is U.S. Crypto Facing Its Biggest Chill Yet?
Key Takeaways
Dragonfly co-founder Haseeb Qureshi has vowed to fight and stand by their investment in Tornado Cash as the DoJ mulls charges against the VC firm.
The U.S. Department of Justice (DoJ) is reportedly considering criminal charges against crypto VC Dragonfly. The firm could be implicated for its early investment in crypto mixer Tornado Cash.
Haseeb Qureshi, managing partner at Dragonfly, confirmed that the DoJ was considering charges against the firm for its investment made in 2020. But he vowed to defend it.
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