The US Department of Justice is considering charging DragonFly employees in the Tornado Cash case.
BlockBeats News, July 25th, according to crypto journalist Eleanor Terrett, Tornado Cash co-founder and developer Roman Storm's latest trial update, Assistant Prosecutor Rehn revealed that the U.S. Department of Justice (DOJ) apparently is still considering bringing charges against an unspecified number of DragonFly's employees, not just limited to DragonFly's General Partner Tom Schmidt.
Dragonfly is the venture capital firm behind Tornado Cash, and yesterday in court, emails between Roman Storm and Dragonfly's General Partner Tom Schmidt were presented, including one email showing Storm and his team seeking feedback on adding KYC to the platform. The defense had sought Schmidt to testify, but he invoked the Fifth Amendment right through his lawyer (right to refuse to testify). The trial will continue next week, with more information expected at that time, and closing arguments are also expected to take place next week.
You may also like

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

Galaxy in-depth report: Is Solana still worth paying attention to?

Young people in South Korea make a "final effort" in the epic bull market

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

How much longer can Ethereum's last big buyer hold on?

World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Every exchange is a "Universal Exchange."

The counterattack of traditional finance: Alliance chains are quietly reviving

Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?

Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.
