BTCC
/
BTCC Square
/
Global Cryptocurrency
/
DOJ Scrutinizes Dragonfly’s Role in Tornado Cash Co-Founder’s Trial Amid KYC Controversy
DOJ Scrutinizes Dragonfly’s Role in Tornado Cash Co-Founder’s Trial Amid KYC Controversy
16
3
BTCCSquare news:
Roman Storm’s defense team sought testimony from Dragonfly General Partner Tom Schmidt regarding internal discussions about Tornado Cash’s Know Your Customer (KYC) compliance measures. Schmidt invoked the Fifth Amendment, leaving unresolved whether he’ll testify if granted immunity—a MOVE the defense reportedly supports.
The 2020 email correspondence between Storm and his team, which touched on KYC integration, could prove pivotal in demonstrating pre-sanction regulatory considerations. Prosecutors allege Tornado Cash facilitated billions in illicit transactions, including those linked to North Korea’s Lazarus Group, while Storm faces charges of money laundering conspiracy and operating an unlicensed money transmitter.
By:
Previous
Tea App Suffers Massive Data Breach Exposing 72,000 User IDs
Next
Tesla Outperforms 35 EV Rivals in Chinese Driver-Assist System Test
