Bitcoin

Paradigm Pledges $1.25 Million for Tornado Cash Co-Founder Roman Storm’s Legal Defense

Paradigm promised $ 1.25 million to support the legal defense of Tornado, novel Storm. Storm risks up to 45 years in prison for accusations, including money laundering and sanctions, escape, arousing concerns concerning the responsibility of developers. Matt Huang de Paradigm warned that the case could create a dangerous precedent for open-source development. Meanwhile, a Texas court recently canceled the sanctions against the tornado cash, strengthening the defense of Storm. The cryptographic community, including Vitalik Buterin, joined him behind him, arguing that the developers of prosecution for improper use of code threaten the future of decentralized finances and privacy technologies.

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