The post DOJ Weighs Additional Charges In Dragonfly Case Linked To Tornado Cash Trial appeared on BitcoinEthereumNews.com.

DOJ may pursue charges against Dragonfly executives linked to Tornado Cash. Judge orders jury limiting instruction with filings due July 23, 2025. Roman Storm trial highlights KYC emails and Schmidt’s Fifth Amendment stance. The U.S. Department of Justice (DOJ) is reportedly considering potential charges against individuals at cryptocurrency venture capital firm Dragonfly, as proceedings in United States v. Roman Storm continue. Assistant U.S. Attorney (AUSA) Rehn disclosed during a recent court session that investigations remain open regarding certain members of the firm, including General Partner Tom Schmidt. This revelation, which was made public in court, prompted Rehn to request that the transcript of his remarks be sealed, according to Inner City Press. During the trial, AUSA Rehn confirmed that conversations had taken place with Schmidt’s attorney, John Bostick. When the presiding judge inquired whether the DOJ was considering prosecuting everyone at Dragonfly, Rehn clarified that not all individuals were under review but acknowledged Schmidt and others were subjects of interest. Dragonfly had been a backer of Tornado Cash, the crypto mixer at the center of the case. 🚨NEW from the @rstormsf trial: The DOJ is apparently still considering charges against an unspecified number of people at crypto VC firm @dragonfly_xyz, not just General Partner @tomhschmidt, according to AUSA Rehn. After saying this in court, Rehn asked for the transcript of… https://t.co/jt1XCCWO0P — Eleanor Terrett (@EleanorTerrett) July 25, 2025 Emails presented in court have shown correspondence between Roman Storm, his cofounders, and Dragonfly’s executives, including Schmidt and Hossain “hosseeb” Hossain. One email highlighted discussions around adding Know Your Customer (KYC) features to the platform, indicating direct engagement between Tornado Cash developers and Dragonfly representatives. The defense had sought Schmidt’s testimony, but he invoked his Fifth Amendment rights through counsel. It remains uncertain if Schmidt will be granted immunity or choose to…

---

Filed under: News - @ July 26, 2025 1:31 am