TechCrunch: How Jack Dorsey’s Bitcoin Legal Defense Fund is fighting for the future of open source software

“A crypto wallet theft lawsuit brought about by a man who claims to be Bitcoin creator Satoshi Nakamoto could jeopardize the future of open source software development.

That’s according to the Jack Dorsey-backed Bitcoin Legal Defense Fund, which is taking on a case to defend 11 Bitcoin developers named in a lawsuit filed by Craig Wright, an Australian computer scientist who emerged into the spotlight back in 2016 with a hotly disputed claim of being Bitcoin’s founding father.

The crux of the case in question dates back to 2021 when Wright, through a Seychelles-based firm called Tulip Trading, launched a so-called “letter before action” against 16 Bitcoin software developers, in an attempt to regain access to £4 billion ($5 billion) worth of Bitcoin he claims to own….”

 

Read the full story at TechCrunch