DOJ Confirms Dragonfly Not Under Investigation Over Tornado Cash Ties

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The US Department of Justice is not investigating Dragonfly Ventures or its executives over the venture firm’s past investment in Tornado Cash, according to Haseeb Qureshi, Dragonfly’s co-founder and managing partner.

The DOJ reportedly revealed during a Monday trial that it is not targeting Dragonfly in its investigation, Qureshi said in a Tuesday post on X. “The DOJ has now backtracked,” he wrote, adding:

“They have stated on the record in the trial Monday morning that the media reports that they were planning to bring charges against…



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DOJ Confirms Dragonfly Not Under Investigation Over Tornado Cash Ties


The US Department of Justice is not investigating Dragonfly Ventures or its executives over the venture firm’s past investment in Tornado Cash, according to Haseeb Qureshi, Dragonfly’s co-founder and managing partner.

The DOJ reportedly revealed during a Monday trial that it is not targeting Dragonfly in its investigation, Qureshi said in a Tuesday post on X. “The DOJ has now backtracked,” he wrote, adding:

“They have stated on the record in the trial Monday morning that the media reports that they were planning to bring charges against…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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