The US Department of Justice is considering charging DragonFly employees in the Tornado Cash case.

By: theblockbeats.news|2025/07/25 23:42:14
0
Share
copy

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

Overview of Important Market Events on June 10

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

The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.

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

Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.

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

The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.

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

How to reconstruct the prediction market using leverage?

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

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com