According to Cointelegraph, Paradigm filed an amicus curiae opinion in a New York court in support of Tornado Cash co-founder Roman Storm, calling on the jury to accurately understand the legal definition of "money transfer business".
Paradigm emphasizes that Storm, as a software developer, does not control user funds, and prosecutors allege that it violates current laws and FinCEN guidelines.
Paradigm warns that if Storm is convicted, it could have a chilling effect on encryption, AI, and open-source software development.
Paradigm calls on jury to rule cautiously in Tornado Cash case
2025-06-17 03:14:59
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