Jack Dorsey wants to defend Bitcoin developers from legal trouble with a new fund
India Today
As lawsuits against several Bitcoin developers gain steam in various parts of the world, Jack Dorsey and others are trying to come in their support by establishing a legal defense team and corresponding funds. Here is what they have planned.
Jack Dorsey, the Twitter co-founder and an avid supporter of cryptocurrencies, has now proposed a non-profit legal defense fund for the developers of Bitcoin. The fund will help the developers of the Bitcoin project around the world fight the lawsuits they face, which are increasing in number as the ecosystem grows bigger.
With Dorsey, are Chaincode co-founder Alex Morcos and academic Martin White as the signatories on the email that was sent to the bitcoin-dev mailing list on Wednesday. Titled "Bitcoin Legal Defense Board," the mail mentioned a fund meant to form legal strategies for the Bitcoin developer community.