Tornado Cash Fallout Sparks Dragonfly’s Stark Warning: Is U.S. Crypto Facing Its Biggest Chill Yet?
Potential impact on crypto sector
Haseeb added that such a development would affect future crypto investments in the U.S.
“It would induce a chilling effect on all investment into crypto and privacy-preserving technologies in America.”
The crypto community rallied behind Dragonfly and Storm. Fellow crypto investor Balaji Srinavasan stated that,
“Privacy is not a crime.”
Similarly, Paradigm’s Matt Huang slammed the DoJ, adding that it’s not a crime to write code and going after VCs that back developers is ‘absurd.’
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