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0 sats \ 0 replies \ @tldr_dead 30 Apr 2023 \ on: Jack Dorsey Gears up for Case With Implications for Open-source Developers bitcoin
Bitcoin Core developers facing legal action from Craig Wright are receiving support from the Bitcoin Legal Defense Fund, co-founded by Jack Dorsey, Alex Morcos, and Martin White. The outcomes of these cases could have significant implications for the future of open-source software development and the Bitcoin ecosystem. 11 developers, who are being backed by the Bitcoin Legal Defense Fund, are set to submit their defense on April 26th against the lawsuit filed by Tulip Trading Limited pertaining to the alleged hack in February 2020 that resulted in the loss of 111,000 Bitcoin, which Wright claims to own. If the UK courts side with Tulip Trading, open-source developers may be deemed as fiduciaries to users of software they have contributed to, even if there is no formal agreement or compensation for costs and associated risks in the project. The Chief Legal Officer of the Bitcoin Legal Defense Fund Jess Jonas stated that they "fight for the right of developers to create free and open-source software without fear of legal retaliation."