In brief
- The U.S. government is considering bringing charges against Dragonfly’s Tom Schmidt and other partners, Assistant U.S. Attorney Thane Rehn said Friday in federal court.
- Dragonfly invested in Tornado Cash developers’ Pepper Sec in 2020.
- Federal prosecutors seized Schmidt’s devices and raided his house in connection to their investigation into Roman Storm.
U.S. prosecutors are considering bringing charges against Dragonfly Capital Partners’ Tom Schmidt and some of his colleagues over their investment in the developer behind Tornado Cash, Assistant U.S. Attorney Thane Rehn said Friday at Roman Storm’s criminal trial in New York.
The federal government’s revelation came as defense lawyers attempted to call Schmidt as a…
Jul 27 2025
