Paradigm urges jury to be cautious in Tornado Cash case

Odaily News Paradigm filed an amicus brief with the New York court in support of Tornado Cash co-founder Roman Storm, calling on the jury to accurately understand the legal definition of "fund transmission business." Paradigm emphasized that Storm, as a software developer, did not control user funds, and the prosecution's allegations violated existing laws and FinCEN guidelines. Paradigm warned that if Storm was convicted, it could have a chilling effect on encryption, AI, and open source software development. (Cointelegraph)