Paradigm urges jury to be cautious in Tornado Cash case

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Paradigm submitted an amicus brief to the New York court, supporting Tornado Cash co-founder Roman Storm, calling on 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, and the prosecution's accusations contradict current laws and FinCEN guidelines. Paradigm warned that if Storm is convicted, it could create a chilling effect on crypto, AI, and open-source software development. (Cointelegraph)

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