Decrypt: Bitcoin Legal Defense Fund Backs Developers in Lawsuit Against Craig Wright

“The Bitcoin Legal Defense Fund (BLDF), a non-profit co-founded by Block (formerly Square) CEO Jack Dorsey, announced Wednesday that it is supporting the legal defense for a number of Bitcoin Core developers targeted by a lawsuit filed by Craig Wright and his firm, Tulip Trading. “The Bitcoin Legal Defense Fund has stepped up to fight for more than just Bitcoin—we are here to defend the right to build free, open-source software without fear,” Jessica Jonas, Chief Legal Officer at the Bitcoin Legal Defense Fund, told Decrypt…”

 

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Bitcoin Magazine: Bitcoin Legal Defense Fund Prepares for Case that Could Have Wide Ramifications for Open Source Developers

“The Bitcoin Legal Defense Fund, a non-profit organization co-founded by Jack Dorsey, Alex Morcos and Martin White, is backing 13 Bitcoin Core developers facing lawsuits by Craig Wright. The cases could potentially have major impacts on the future of Bitcoin and open-source software development.

Eleven of the developers being supported by the Fund will file their defense on April 26. Tulip Trading Limited v. Bitcoin Association For BSV & Others, in which the developers are named, stems from an alleged hack in February 2020 that resulted in the loss of 111,000 bitcoin that Wright claims to own. In February 2021, Tulip Trading issued a “Letter Before Action” announcing its intention to take legal action against certain Bitcoin developers to recover the allegedly lost bitcoin.”

 

Read the full story at Bitcoin Magazine