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

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Qadir AK

Paradigm has pledged $1.25 million to support Tornado Cash co-founder Roman Storm’s legal defense. Storm faces up to 45 years in prison on charges including money laundering and sanctions evasion, sparking concerns about developer liability. Paradigm’s Matt Huang warned that the case could set a dangerous precedent for open-source development. Meanwhile, a Texas court recently overturned sanctions against Tornado Cash, strengthening Storm’s defense. The crypto community, including Vitalik Buterin, has rallied behind him, arguing that prosecuting developers for code misuse threatens the future of decentralized finance and privacy-focused technologies.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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