Crypto Lobby Backs Dev Suing DOJ Over Open-Source Code Prosecution

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A coalition of crypto advocacy groups has thrown its weight behind a federal lawsuit challenging the US Department of Justice’s (DOJ) efforts to prosecute open-source software developers under money transmission laws.

Crypto investment firm Paradigm, alongside the DeFi Education Fund, Blockchain Association, Crypto Council for Innovation and others, filed an amicus brief on Monday in support of Michael Lewellen in the case of Lewellen v. Bondi. Lewellen is a developer who built a non-custodial DeFi protocol and plans to release it publicly.

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Crypto Lobby Backs Dev Suing DOJ Over Open-Source Code Prosecution


A coalition of crypto advocacy groups has thrown its weight behind a federal lawsuit challenging the US Department of Justice’s (DOJ) efforts to prosecute open-source software developers under money transmission laws.

Crypto investment firm Paradigm, alongside the DeFi Education Fund, Blockchain Association, Crypto Council for Innovation and others, filed an amicus brief on Monday in support of Michael Lewellen in the case of Lewellen v. Bondi. Lewellen is a developer who built a non-custodial DeFi protocol and plans to release it publicly.

The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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