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Tornado Cash Fallout Sparks Dragonfly’s Stark Warning: Is U.S. Crypto Facing Its Biggest Chill Yet?

Tornado Cash Fallout Sparks Dragonfly’s Stark Warning: Is U.S. Crypto Facing Its Biggest Chill Yet?

“We therefore stand by our investment… We don’t believe the DOJ would actually bring such absurd and groundless charges. But if they do, we intend to vigorously defend ourselves.”

Tornado Cash

Source: X

Why DoJ’s move will be unprecedented

He was reacting to revelations made during the ongoing U.S. vs. Roman Storm case.

According to Inner City Press, there was a last-minute session called by Judge Katherine Failla centred around Dragonfly’s role in the Tornado Cash case. 

Hasseeb said that they invested in Peppersec, the Tornado Cash developer. He noted that they were confident that, as investors, they were operating within the law. 

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