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Paradigm defends Tornado Cash co-founder Roman Storm in amicus brief, warns case could impact US software development
Prominent crypto venture capital firm Paradigm has filed an amicus curiae brief in support of Tornado Cash co-founder Roman Storm ahead of his trial set for July 14. In a blog post published Tuesday, Paradigm's chief legal officer and general counsel wrote that the firm filed the amicus brief on Friday, noting that Storm's case could "dictate the future of software development in the United States." Paradigm argued that prosecutors are wrong to claim Storm's peer-to-peer cryptocurrency software constitutes illegal money transmitting, calling the government's position "contrary to the plain text of the law, clear ... (full story)
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