CoinVoice has recently learned that, according to a report by Cointelegraph, Paradigm submitted an amicus brief to a New York court in support of Tornado Cash co-founder Roman Storm, urging the jury to accurately understand the legal definition of "money transmission business."

Paradigm emphasized that Storm, as a software developer, did not control user funds, countering the prosecution's allegations of violating existing laws and FinCEN guidelines.

Paradigm warned that if Storm is convicted, it could create a chilling effect on cryptocurrency, AI, and open-source software development. [Original link]