US DOJ Reverses Course on Dragonfly and Tornado Cash Investigations
TL;DR Summary
The U.S. Department of Justice has retracted its previous statement suggesting it would charge crypto VC Dragonfly for supporting Tornado Cash, clarifying that Dragonfly is not a target of their investigation. This reversal follows Dragonfly's firm stance to defend its investment, amid concerns over potential implications for open-source software and privacy rights. The case has sparked broader debates about the treatment of crypto backers and privacy technology in the U.S.
- ‘We’ve not identified Dragonfly as a target’ – DoJ reverses course AMBCrypto
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- DOJ Is Considering Charging Crypto VC Firm Dragonfly in Connection With Tornado Cash Decrypt
- DOJ Dismisses Dragonfly Probe, Allays Crypto VC Fears AInvest
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