Deep Tide TechFlow News, on June 17, according to Cointelegraph, the venture capital firm Paradigm submitted supporting documents to the New York District Court on June 13 to defend Tornado Cash co-founder Roman Storm. Paradigm emphasized that the jury needs to clearly understand the legal definition of "operating a money transmission business" and pointed out that the prosecution must prove that Storm intended to operate a money transmission business and control user funds. The company warned that if Storm is found guilty, it would severely hinder innovation in the cryptocurrency and fintech industries and could have a negative ripple effect on open-source software development. The trial Storm is facing will begin on July 14.