Eleanor Terrett: U.S. court reveals investment details between Dragonfly and Tornado Cash, related issues have been settled as of yesterday

ChainCatcher news, encrypted journalist Eleanor Terrett disclosed the latest updates on the Tornado Cash case on social media, stating that the issues related to Dragonfly's relationship with the founder of Tornado Cash have been resolved as of yesterday. Court documents revealed several key facts:

• Dragonfly invested $900,000 in Tornado Cash in August 2020;
• In return, it obtained the right to purchase network tokens, ultimately acquiring 5% of the TORN token supply issued in December 2020;
• Dragonfly sold part of its holdings in August 2022, gaining over $4 million in cryptocurrency.

ChainCatcher previously reported on the news that the U.S. Department of Justice is considering filing charges against Dragonfly employees regarding the Tornado Cash case. Dragonfly partner Haseeb stated, "Monday's court records show that the U.S. Department of Justice has clarified that media reports about their plans to sue Dragonfly are inaccurate, and neither Dragonfly nor any of its key personnel are subjects of their investigation. Dragonfly, as an investor, may face prosecution simply for supporting an open-source privacy technology, which is not only unprecedented but also clearly violates the Department of Justice's policies."