Dragonfly partner responds to potential charges from the U.S. Department of Justice: intends to defend itself fully


Dragonfly partner Haseeb responded to "The US Department of Justice is considering charging DragonFly employees in the Tornado Cash case." "Dragonfly invested in Tornado Cash developer PepperSec, Inc in August 2020 because they believe in the importance of open-source privacy protection technology. Before the investment, Dragonfly obtained external legal advice confirming that Tornado Cash's construction complies with legal requirements and complies with the guidelines issued by FinCEN, a subsidiary of the US Department of the Treasury, in 2019. The US government has publicly stated in court that they are considering charging Dragonfly. Based on legal advice, we have temporarily refrained from making public comments, but have decided not to remain silent." "We believe that Americans have the right to privacy, and the lack of privacy remains one of the biggest unsolved problems in the cryptocurrency field. Therefore, we adhere to our investment position. It is outrageous to charge Dragonfly after many years, contrary to facts and laws, and will have a chilling effect on investments in all US cryptocurrency and privacy protection technologies. Dragonfly intends to vigorously defend itself."