Odaily News Paradigm submitted an amicus brief to the New York court in support of Tornado Cash co-founder Roman Storm, urging 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 violate current laws and FinCEN guidelines. Paradigm warned that if Storm is convicted, it could have a chilling effect on encryption, AI, and open source software development. (Cointelegraph)
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Paradigm calls on the jury to carefully rule on the Tornado Cash case.
Odaily News Paradigm submitted an amicus brief to the New York court in support of Tornado Cash co-founder Roman Storm, urging 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 violate current laws and FinCEN guidelines. Paradigm warned that if Storm is convicted, it could have a chilling effect on encryption, AI, and open source software development. (Cointelegraph)