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Dragonfly partners respond to potential charges: Will defend themselves fully, insisting that investment is legal and reasonable
17hours ago

According to market news, in response to the news that "the U.S. Department of Justice is considering bringing charges against Dragonfly employees in the TornadoCash case", Dragonfly partner Haseeb responded on July 26. He said that Dragonfly invested in TornadoCash developer PepperSec, Inc in August 2020 based on its long-term belief in open source privacy protection technology, and obtained legal opinions to confirm its legality before investing, which is in line with the guidance issued by FinCEN in 2019.

Haseeb said that the US government has stated in open court that it is considering filing charges. Dragonfly has not made further comments at the advice of its lawyers, but has decided not to remain silent. He stressed that the right to privacy is an important right granted to citizens by the US Constitution. Dragonfly insists on its investment position in privacy technology and said that the potential charges "contrary to facts and laws" will have a chilling effect on the entire encryption and privacy protection field. Dragonfly is ready to defend itself with all its strength.