Paradigm has committed to provide $1.25 million in funding to support Tornado Cash's co-founder in legal defense.

BlockBeats News, January 29th, according to The Block report, Paradigm co-founder Matt Huang announced that the crypto venture capital firm will donate $1.25 million to support Tornado Cash developer Roman Storm in his legal defense against the U.S. lawsuit.

Storm co-founded the Ethereum-based cryptocurrency mixer Tornado Cash with Roman Semenov. Both were charged by the U.S. Department of Justice in 2023 with money laundering-related offenses.