Paradigm supports Roman Storm in legal battle over money-transmitting laws

From Cointelegraph

June 16, 2025 10:58 PM:

Venture capital firm Paradigm supports Tornado Cash co-founder Roman Storm, arguing the jury needs a full understanding of money-transmitting laws. Storm is accused of running an unlicensed money transmitting business, despite Tornado Cash being a non-custodial crypto mixing protocol. Paradigm’s chief legal officers argue software developers are not money transmitters, citing FinCEN guidance. The trial is set to begin on July 14, with high stakes for innovation in the crypto and fintech industries.

Read more at Cointelegraph: Paradigm Files Amicus Brief Supporting Roman Storm