Paradigm Doubles Down: VC Giant Defends Roman Storm in High-Stakes Crypto Mixer Legal Showdown
Crypto''s favorite ''too big to fail'' VC just drew its saber. Paradigm—the $8.2 billion crypto investment behemoth—is bankrolling Tornado Cash dev Roman Storm''s defense against the DOJ''s financial surveillance crusade. Because nothing says ''decentralized ethos'' like Silicon Valley money fighting your battles.
Subheader: Privacy Tech or Money Laundry? The $1.2M Question
The feds claim Storm''s mixer processed over $1 billion in dirty funds. Paradigm''s legal team counters with a First Amendment argument—because apparently code is speech, until your algorithmic shield gets used by North Korean hackers. The case could redefine crypto''s regulatory playbook... or become another line item in VCs'' ''lobbying expenses.''
Closing jab: Meanwhile, traditional bankers are placing bets on this case while laundering $2 trillion annually through conventional channels—but hey, at least they file paperwork.
