[Chain News] On June 17, news reported that the venture capital firm Paradigm has submitted an amicus brief to the New York District Court in support of Tornado Cash co-founder Roman Storm, emphasizing the need to clearly explain the legal definition of "money transmission business" to the jury. Paradigm's Chief Legal Officer pointed out that if Storm is convicted, it would pose a serious threat to software development in the encryption and fintech sectors. The case is scheduled to go to trial on July 14.
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NftCollectors
· 19h ago
This trial will determine the fate of web3 developers, and from a data perspective, it is quite similar to Da Vinci's influence on the Renaissance; both are pioneering feats.
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EyeOfTheTokenStorm
· 19h ago
The bearish signal is too obvious, even those who are hodling are about to cry.
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PerpetualLonger
· 19h ago
I have already lost so much, bearish traders don’t get too cocky.
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SleepyArbCat
· 19h ago
I'm so sleepy working at the court... trap trap don't go in zbzzz
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MemeCoinSavant
· 19h ago
statistically significant bull case for dev freedom here tbh
Paradigm submits amicus brief in support of Tornado Cash founder, emphasizing that convicting developers would threaten the industry.
[Chain News] On June 17, news reported that the venture capital firm Paradigm has submitted an amicus brief to the New York District Court in support of Tornado Cash co-founder Roman Storm, emphasizing the need to clearly explain the legal definition of "money transmission business" to the jury. Paradigm's Chief Legal Officer pointed out that if Storm is convicted, it would pose a serious threat to software development in the encryption and fintech sectors. The case is scheduled to go to trial on July 14.