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

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.