The DOJ reportedly confirmed it is not targeting Dragonfly Ventures or its executives in the Tornado Cash case, despite earlier speculation and courtroom remarks.
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 Dragonfly were inaccurate, and neither Dragonfly nor any of its principals are targets in their investigation.”
