TechFlow news, July 29 — According to journalist Eleanor Terrett's disclosure, court records show that the issues regarding Dragonfly's relationship with Tornado Cash founders were settled yesterday under the witness of U.S. acting prosecutor Jay Clayton.
The court documents revealed several key facts:
- Dragonfly invested $900,000 in Tornado Cash in August 2020
- In return, obtained rights to purchase network tokens, ultimately receiving 5% of the total supply of TORN tokens issued in December 2020
- Dragonfly sold a portion of its holdings in August 2022, receiving over $4 million in cryptocurrency
Meanwhile, the government explicitly denied previous reports claiming that Dragonfly and its executives were under investigation, calling those reports "inaccurate and misleading."
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