Law & Policy

Paradigm filed an amicus brief last week in United States v. Storm, advocating for jury instructions that will hold the government to its burden of proof on the mens rea needed to convict Roman Storm for money transmission violations under 18 U.S.C. § 1960.  The case goes to trial on July 14 and will have a lasting impact on crypto and software development more generally.  More on the state of play and why it matters here:

Paradigm filed an amicus brief last week in United States v. Storm, advocating for jury instructions that will hold the government to its burden of proof on the mens rea needed to convict Roman Storm for money transmission violations under 18 U.S.C. § 1960.  The case goes to trial on July 14 and will have a lasting impact on crypto and software development more generally.  More on the state of play and why it matters here: https://www.paradigm.xyz/2025/06/paradigm-files-amicus-brief-supporting-roman-storm

We filed our amicus in Lejilex/CFAT’s case against the SEC. The lawsuit seeks a declaratory judgment that crypto secondary sales are not securities and Lejit.Exchange is not an exchange, broker, or clearing agency, and to enjoin SEC enforcement. More here:

We filed our amicus in Lejilex/CFAT’s case against the SEC. The lawsuit seeks a declaratory judgment that crypto secondary sales are not securities and Lejit.Exchange is not an exchange, broker, or clearing agency, and to enjoin SEC enforcement. More here: https://policy.paradigm.xyz/actions/amicus-brief-lejilex

Filed our amicus brief supporting the @blockchainassn and CFAT’s challenge to the SEC’s new dealer rule.  The rule meaningfully expands and muddies the definition of who is a securities “dealer” and may be used to sweep in broad swaths of DeFi.  More here:

The collective voice of the crypto industry.

Filed our amicus brief supporting the @blockchainassn and CFAT’s challenge to the SEC’s new dealer rule.  The rule meaningfully expands and muddies the definition of who is a securities “dealer” and may be used to sweep in broad swaths of DeFi.  More here: https://policy.paradigm.xyz/actions/dealer-rule-amicus

Gina Moon

@gina