Twitter founder Jack Dorsey launches Bitcoin Legal Defense Fund, a fund to protect developers of cryptocurrencies and Bitcoin from the crisis of proceedings
Twitter founder and entrepreneur
[bitcoin-dev] Bitcoin Legal Defense Fund
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-January/019741.html
Dorsey Proposes Non-Profit Bitcoin Legal Defense Fund for Developers
https://www.coindesk.com/markets/2022/01/12/dorsey-proposes-non-profit-bitcoin-legal-defense-fund-for-developers/
Jack Dorsey spearheads new fund to defend Bitcoin developers against legal action
https://www.theblockcrypto.com/linked/130007/jack-dorsey-bitcoin-defense-fund
Jack Dorsey wants to help bitcoin developers fight legal battles --Protocol — The people, power and politics of tech
https://www.protocol.com/bulletins/dorsey-bitcoin-legal-defense-fund
Mr. Dorsey, the founder of Twitter, is known as a person who has a strong interest in cryptocurrencies, and in the past he said that ' Bitcoin will become the world's single currency within 10 years ' and himself Square, a mobile payment service company whose CEO is CEO, launched 'TBD ' aiming to realize permissionless (non-permitted) and decentralized financial services through Bitcoin, and P2P 'Distributed Bitcoin' I have announced that I will create an 'exchange'.
Mr. Dorsey has launched the Bitcoin Legal Defense Fund, a legal fund to protect the entire community, saying that developers involved in the Bitcoin ecosystem are facing a litigation crisis. In addition to Dorsey, the founders of this fund include Alex Morcos and Martin White, co-founders of Chaincode Labs.
The main purpose of the Bitcoin Legal Defense Fund is to secure lawyers, develop litigation strategies and pay for litigation to protect developers at risk of litigation.
The fund's first activity is to coordinate Wright's defense in the Tulip Trust proceedings faced by Craig Wright, who claims to be the creator of Bitcoin.
The Bitcoin Legal Defense Fund is basically free and can be used voluntarily if the developer declares its use. The defense is provided by a corps of volunteers and part-time lawyers, and the fund's board of directors is responsible for deciding which proceedings and defendants to defend.
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