Roman Storm Trial Takes Center Stage as DOJ Clears Dragonfly in Tornado Cash Probe

The U.S. Department of Justice has formally stated that Dragonfly Ventures faces no investigation regarding its historical investment in Tornado Cash. This clarification emerges during the pivotal final stages of Roman Storm's landmark crypto trial in New York.

Defense attorney Qureshi revealed on social media platform X that prosecutors explicitly disavowed prior media speculation about Dragonfly's involvement. Court transcripts confirm the DOJ's admission of erroneous reporting. "Neither Dragonfly nor any principals are targets," Qureshi quoted from official proceedings.

The development follows Qureshi's sharp criticism of what he termed "unprecedented" prosecutorial conduct during Friday's hearings. Legal observers note the statement effectively removes a potential cloud over venture capital participation in privacy-focused crypto projects.