Eleanor Terrett: A US court disclosed investment details between Dragonfly and Tornado Cash, and the related issues were settled yesterday.

ChainCatcher message, encryption reporter Eleanor Terrett disclosed the latest news on Tornado Cash on social media platforms, stating that the issues regarding the relationship between Dragonfly and the founder of Tornado Cash have been settled as of yesterday. Court documents revealed several key facts:

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

ChainCatcher previously reported that in response to the news that the U.S. Department of Justice is considering bringing charges against Dragonfly employees over the TornadoCash case, Dragonfly partner Haseeb stated: "Monday's court records indicate 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. As an investor, Dragonfly could potentially face litigation merely for supporting an open-source privacy technology, which is not only unprecedented but also clearly violates the policies of the Department of Justice."