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Cryptocurrency

Dorsey to Launch Bitcoin Legal Defense Fund

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Jack Dorsey, the CEO of Block and ex-CEO of Twitter, has proposed creating a nonprofit organization to protect the rights and interests of open-source Bitcoin developers, who are often subject to “litigation” and “threats.”

Dorsey explained in an email sent to the bitcoin-dev mailing list on January 12 that the nonprofit’s intention is to defend Bitcoin developers from these threats in an attempt to prevent contributors and maintainers from capitulating, often a reality as many lack legal support.





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