DOJ Considers Criminal Charges Against Dragonfly Staff Over Tornado Cash

2025-07-25 15:02:43

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The US Department of Justice (DOJ) has initiated an investigation into potential criminal charges against staff members at Dragonfly Capital over suspected activities related to Tornado Cash, according to Crypto Reporter Eleanor Terrett.

The investigation centers on Dragonfly Capital’s prior involvement with Tornado Cash, a cryptocurrency mixing service that was sanctioned by the U.S. Treasury Department in 2022. The DOJ’s probe marks another significant development in the ongoing regulatory scrutiny of crypto mixing services.

This development follows previous actions taken by U.S. authorities against Tornado Cash and its associated parties. No official statement has been released by either the DOJ or Dragonfly Capital regarding this matter.

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